Robo-Advisors as a Business Model in Germany

The paper focuses on evaluating Robo Advisors, contrasting their business model with traditional retail banking. It begins by defining retail banking, followed by a comprehensive overview of Robo Advisors, including a critical assessment of their functionality as a financial product. The final chapter specifically examines Deutsche Bank's Robo Advisor, ROBIN, providing insights into its operation and effectiveness. This analysis offers a contemporary perspective on the evolving landscape of financial services and technology.