Build a Robo Advisor with Python (From Scratch)

Condition: BRAND NEW ISBN: 9781633439672 Author(s): Rob Reider Format: Hardcover Language: English Year: 2025 Publisher: Manning Publications Pages: 336

Description: Take control of your wealth management by building your own reliable, effective, and automated financial advisor tool. Automated digital financial advisors--also called robo-advisors--manage billions of dollars in assets. Follow the step-by-step instructions in this hands-on guide, and you'll learn to build your robo-advisor capable of managing a real investing strategy. In Build a Robo-Advisor with Python (From Scratch) you'll learn how to: - Measure returns and estimate the benefits of robo-advisors - Use Monte Carlo simulations to build and test financial planning tools - Construct diversified, efficient portfolios using optimization and other methods - Implement and evaluate rebalancing methods to track a target portfolio over time - Decrease taxes through tax-loss harvesting and optimized withdrawal sequencing - Use reinforcement learning to find the optimal investment path up to, and after, retirement Automated 'robo-advisors' are commonplace in financial services, thanks to their ability to give high-quality investment advice at a fraction of the cost of human advisors. Build a Robo-Advisor with Python (From Scratch) teaches you to develop one of these powerful, flexible tools using popular and free Python libraries. You'll master practical Python skills in demand in financial services, and financial planning skills that will help you take the best care of your money. All examples are accompanied by working Python code, and are easy to adjust for investors anywhere in the world. Purchase of the print book includes a free eBook in PDF and ePub formats from Manning Publications. About the technology Millions of investors use robo-advisors as an alternative to human financial advisors. In this one-of-a-kind guide, you'll learn how to build one of your own. Your robo-advisor w