Question

Which of the following is wealth management sector actively providing to the clients portfolio?

Select one:

a. Peer-to-peer lending

b. Internet of things (IOT)

c. Cyber security

d. Robo advisory

Answer 1

Peer-to-peer (P2P) lending enables individuals to obtain loans directly from other individuals, cutting out the financial institution as the middleman.

The Internet of things (IoT) is a system of interrelated computing devices, mechanical and digital machines provided with unique identifiers (UIDs) and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction.

Cyber security is the practice of defending computers, servers, mobile devices, electronic systems, networks, and data from malicious attacks. It's also known as information technology security or electronic information security.

Robo-advisors (also spelled robo-adviser or roboadvisor) are digital platforms that provide automated, algorithm-driven financial planning services with little to no human supervision. A typical robo-advisor collects information from clients about their financial situation and future goals through an online survey and then uses the data to offer advice and automatically invest client assets - (also known as wealth management).

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So, Robo advisory is wealth management sector actively providing to the clients portfolio.

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So the answer is Option-D:Robo advisory