According to a survey on the usage of robo-advisor in Singapore, as of June 2023, 14 percent of respondents said their frequency of using this digital financial service had increased. Meanwhile, eight percent of respondents said they had decreased the usage of robo-advisor. Robo-advisory or AI advisory is an automated financial advisor using AI to provide wealth management services.
Change in usage of robo-advisor financial service among consumers in Singapore as of June 2023
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United Overseas Bank. (November 28, 2023). Change in usage of robo-advisor financial service among consumers in Singapore as of June 2023 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1469345/singapore-change-in-usage-of-robo-advisor/
United Overseas Bank. "Change in usage of robo-advisor financial service among consumers in Singapore as of June 2023." Chart. November 28, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1469345/singapore-change-in-usage-of-robo-advisor/
United Overseas Bank. (2023). Change in usage of robo-advisor financial service among consumers in Singapore as of June 2023. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1469345/singapore-change-in-usage-of-robo-advisor/
United Overseas Bank. "Change in Usage of Robo-advisor Financial Service among Consumers in Singapore as of June 2023." Statista, Statista Inc., 28 Nov 2023, https://www.statista.com/statistics/1469345/singapore-change-in-usage-of-robo-advisor/
United Overseas Bank, Change in usage of robo-advisor financial service among consumers in Singapore as of June 2023 Statista, https://www.statista.com/statistics/1469345/singapore-change-in-usage-of-robo-advisor/ (last visited July 22, 2024)
Change in usage of robo-advisor financial service among consumers in Singapore as of June 2023 [Graph], United Overseas Bank, November 28, 2023. [Online]. Available: https://www.statista.com/statistics/1469345/singapore-change-in-usage-of-robo-advisor/