Pereira, Maria Clara Natividade MartinsVasconcelos, Margarida Gonçalves de2024-07-292022-06-282022-05-31http://hdl.handle.net/10400.14/45915Robo-advisors blend the characteristics of traditional financial advisors and technology, creating an instrument that offers financial advice and portfolio management services for a fraction of the cost of human advisors, which can favor those who cannot normally access financial services. Having yet a great margin to grow, robo-advisors would benefit from the implementation of artificial intelligence into the underlying algorithms, improving their services and expanding their customer basis. However, artificial intelligence brings risks and challenges that deserve legal consideration in order to ensure that the objective of financial inclusion is not precluded.engRobo-adviceRobo-advisorRobo-advisoryArtificial intelligenceFinancial inclusionAlgorithmAutomated decision-makingmaster thesis203038835