Can computers via automated investment services replace financial advisors and give sound investment advice?
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 last six years, a new financial technology (fintech) was created to help fill 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 to help you decide whether they'll fit your needs. Select 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?
There are certain times when a robo-advisor is the best choice for investing, while other occasions a traditional advisor makes more sense.
Betterment vs. Wealthfront – Which Is The Better Robo-Advisor?
How are Betterment and Wealthfront different? In a detailed comparison, we review — annual fees, asset allocation, and much more.
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 advisor to create a complicated asset allocation to receive the best returns possible. […]
Robo-Advisors vs. Target Date Funds – How Are They Different?
Target date funds have long been one of the main managed account options readily accessible to most all investors. In recent years a new player, robo-advisors, has come onto the scene. […]
What Is Smart Beta and How Does It Affect Investors?
Smart beta — also known as advanced beta, alternative beta or strategy indices — isn’t a new investment strategy. But lesser-known strategies have a way of surfacing and gaining credibility during times of market stagnation, volatility or other conditions of uncertainty. […]
How to Open an Account With Betterment
In addition to being one of the best investment platforms for new and small investors to get professional investment management at very low fees, Betterment also makes it incredibly easy to open an account. […]
Best Robo-Advisors for 2017 – The Top Automated Investor Services
Our experts rate the best robo-advisors. Find the best automated investing service. Get up $15k managed for free.
4 Ways Robo-Advisors Reduce the Cost of Investing
Robo-advisors are shifting the investment landscape and revolutionizing the way many people manage their money. In contrast to high-priced financial advisors, robo-advisors are offering investment services at a fraction of the cost and democratizing the investing process. […]
Why Robo-Advisors Can Never Replace Traditional Financial Planning
There’s been a lot of buzz about the rise of robo-advisors lately. These are companies that aim to help investors put assets to work on their behalf with the help of algorithms. […]