The Revolut Robo-advisor has a low-cost annual fee of .25%, with a monthly minimum of $.25.

Revolut has introduced Automated Investing in the United States, providing customers with a convenient solution to automate their investment portfolios. By offering a Robo-advisor, Revolut aims to simplify the investment process for users and minimize associated costs compared to traditional financial institutions. Revolut is a global financial super-app with over 30 million customers worldwide.

With the Robo-advisor, customers can choose from five different portfolios based on their risk tolerance. These portfolios are rebalanced on a monthly basis to ensure optimal performance. The service carries a low annual fee of 0.25%, with a minimum monthly charge of $0.25, making it an affordable option for customers looking to build their investment portfolios.

This new feature takes care of managing investment portfolios on behalf of customers, removing the complexities typically associated with investing and offering lower fees compared to traditional financial companies.

Upon receiving user input, the Robo-advisor allows customers to invest in diversified portfolios tailored to their risk tolerance. Once funds are deposited into the portfolio, the Robo-advisor automatically invests the money in the market and continuously monitors and manages the customer’s portfolio.

To align with the customer’s risk tolerance, as determined during the onboarding process, the Robo-advisor automatically rebalances the portfolio.

Developed by Revolut, this Robo-advisor provides a user-friendly approach to wealth growth, eliminating the need for constant management by the customer.

The Robo-advisor complements Revolut’s range of products and services designed to meet various financial needs. With its affordable management fees and hassle-free experience, the Robo-advisor simplifies and automates the investment process, offering managed portfolios as an attractive proposition.

Jack Callahan, Revolut US Head of Wealth and Trading said the company aimed to provide an accessible and stress-free way for customers to make their money work for them given that many customers lack the time to manage their portfolios or invest in individual securities.

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