Seminar 217, Risk Management: Robo-Advising: Personalization and Goals-Based Investing

Seminar 217, Risk Management: Robo-Advising: Personalization and Goals-Based Investing

Risk Seminar
Mar 15, 2022, 11:00 AM - 12:30 PM | https://berkeley.zoom.us/j/91473923454?pwd=NGNiV2hZWXdCMjFLU0VEek1QU2huZz09 | Happening As Scheduled
Agostino Capponi, Columbia (Speaker - Featured)

Robo-advising encompasses any form of algorithmic advice offered to clients. We begin by presenting a dynamic optimization framework based on human-machine interactions, where robo-advisors personalize their portfolios to the clients they serve. We characterize the interaction frequency which strikes the optimal balance between frequent interactions to learn clients' risk attitudes and mitigation...