Robo-advisors are gaining in popularity. In fact, the financial media likes to predict that these online automated investment platforms will soon take over the entire investing universe, Skynet-style. But while […]
Do you want solid financial advice when you invest? Previously, your only options were to hire a financial advisor or to do it yourself. Problem is, financial advisors require a high net worth minimum and then charge a high annual fee.
In the past six years, a new financial technology (fintech) was created to help fill in the gap. A robo-advisor, also sometimes called an automated online advisor, is a computer algorithm that manages your investments for you. It might also be just what the pocketbook ordered since most robo-advisor services are much cheaper than traditional advisors.
We've evaluated all of the major automated investment services and let you know whether they'll fit your needs. Find a robo-advisor from the reviews to see which one is right for you. We also have supporting articles to help guide you in your decision making process.
Robo-Advisors vs. Financial Advisors – Which One Should You Use?
Robo-advisors, or fully automated online investment platforms, are springing up quickly, appealing mainly to new and younger investors. But does that mean they’re right for every investor, in all circumstances? […]
Betterment vs. Wealthfront – Which Is The Best Robo-Advisor?
A new robo-advisor seems to be popping up every few months. Some are gaining in popularity well ahead of the competition. Two of the more popular services are Betterment and […]
The True Costs of Robo-Advisors – What Are the Annual Fees?
Thanks to the rise of robo-advisors, investing for the future is now more accessible than ever. You don’t have to spend a lot of time or money hiring a financial […]
The Rise of the Robo-Advisors – Should You Use One?
One of my favorite sci-fi movies is Arnold Schwarzenegger’s The Terminator. It’s set in a dystopian world that’s ruled by Skynet and robots who want to kill every human. In […]
Can You Trust Robo-Advisors With Your Investments?
Robo-advisors are quickly becoming all the rage. What used to be considered an alternative is now becoming more and more mainstream. Even Charles Schwab, a big player in the financial […]