Reasons Why You Must Choose a Robo-Advisor
A Robo-advisor is a new investment platform that offers investment managers and uses complex computer algorithms to guide investors in the purchase of Online Stocks. While some Robo-advisors are completely automated, others eventually lead an investor to human assistance.
A Robo-advisor takes the emotion out of the investment process and ensures that an investor receives better returns for a broker fee that is lower than that charged by traditional finance advisors. Over and above this, the investment platform offers a variety of benefits. Let’s take a look at a few of them.
Benefits of a Robo-advisor
Lower broker fee
In yesteryears, people who received professionally managed investment assistance for less than 1% of AUM (assets under management) were considered very lucky. T...