How to know if a financial robo-advisor is right for you
CNN
No matter how much money you have, every adult faces countless financial decisions every year — how to stay afloat, prosper, prepare for the future, enjoy life and minimize hardship.
No matter how much money you have, every adult faces countless financial decisions every year — how to stay afloat, prosper, prepare for the future, enjoy life and minimize hardship. It’s … a lot. So if you’re looking for help along the way, there are plenty of increasingly low-cost digital and human adviser options. In the rapidly growing robo-advisory industry, many firms no longer just offer to automate the investment and rebalancing of your money in a pre-selected portfolio of funds. Now they offer a much wider array of services and financial planning tools. Many also offer hybrid solutions: automated portfolio management plus access to human advisers who can help with your more holistic financial planning needs. To figure out if a robo-advisor might be a good fit for you, here are some things to consider:
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