====== Robo-Advisor ======
[[dido:public:ra:xapend:xapend.a_glossary:start| Return to Glossary ]]

A **Robo-Advisor** is a digital platform providing automated, algorithm-driven financial planning services with little to no human supervision. A typical **Robo-Advisor** asks questions about your financial situation and future goals through an online survey; it then uses the data to offer advice and automatically invests for you.

The best **Robo-Advisors** offers easy account setup, robust goal planning, account services, and portfolio management. Additionally, they offer security features, attentive customer service, comprehensive education, and low fees.

  * **Robo-advisors** are digital platforms that provide automated, algorithmic investment services with minimal human supervision.
  * They often automate and optimize passive indexing strategies based on modern portfolio theory.
  * **Robo-advisors** are often inexpensive and require low opening balances, making them available to retail investors.
  * They are best suited for traditional investing and are not the best options for more complex issues, such as estate planning.
  * **Robo-advisors** have been criticized for their lack of empathy and complexity.

Source: [[https://www.investopedia.com/terms/r/roboadvisor-roboadviser.asp ]]


/**=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-
/* To add a discussion page to this page, comment out the line that says 
  ~~DISCUSSION:off~~
*/
~~DISCUSSION:on|Outstanding Issues~~
~~DISCUSSION:off~~