These digital investment advisors are competing with human financial advisors for investment dollars and pushing down fees. (barbarafriedbergpersonalfinance.com)
In addition, robo - advisors perform other managerial services that historically have fallen within the realm of human financial advisors. (gobankingrates.com)
They haven't yet replaced human financial advisors entirely, but they are gearing up to do that. (personalprofitability.com)