Legal Risks and the Countermeasures of Developing Intelligent Investment Advisor in China

The current Chinese intelligent investment advisor development is still in its infancy, the new formats, business models it brings and the current regulations cannot adapt to each other, which leads to the handicap of market development. In order to solve the legal risks faced by Chinese intelligent investment advisor development, the article thinks that few measures should be taken. Existing barriers in legal system shall be removed and a new solution shall be found based on the balance between "financial security" and "financial efficiency" to facilitate the pace of financial innovation like Robo-advisor.