What is meant by robo-advisor?
Robo-advisors vary from firm to firm, but are generally online services that provide automated portfolios based on your preferences. Robo-advisors weigh. personal preferences against unpredictable forces. to automatically recommend a portfolio. that fits an investor's specific needs.
What is an example of a robo-advisor?
Examples of Robo-Advisors\n\n Wealthfront is a California based automated investment company. It is a Robo-advisor offering assistance in the planning of one's goals, transparency in building one's portfolio, and various account services.
Which of the following is an advantage of using a robo-advisor?
Advantages of Robo-Advisors\n\n Robo-advisors offer traditional investment management services at much lower fees than their human counterparts (financial advisors). The minimum amount required to use such types of software is also much lower than the minimum amount required by financial planners.
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- which of the following most accurately describes robo-advising