Robo-Advisors…should you or should you not? Today, I hope to shed some light on this topic to help you make the decision that’s best for you. As you may already be aware, Robo-Advisors have become more popular lately due to the low cost to investors.
These programs are built on platforms with algorithms designed to advise the investor on what funds they should be investing in. The program asks the investor pre-programed questions and based on those answers determines the recommended portfolio.