Robo-Advisors Pros And Cons

Robo-advisors or fully automated online investment platforms, are springing up quickly, appealing mainly, but not exclusively, to less affluent or younger investors. Robos capitalize on the power of the internet and the use of very low cost products such as exchange-traded funds (ETF's) and algorithms for constructing optimal portfolios.The growing popularity of algorithm-based investment advice is changing the financial services landscape. Today, robo-advice is seen simultaneously as a...