Sentences with phrase «about robo advisors»

The great thing about robo advisors is that low cost doesn't mean low performance.

What about robo advisor fees?

Not exact matches

Put finances on back burner Schwab CEO talks robo - advisors What's the Fed thinking about a rise in rates?

But the larger, long - term trend is robo - advisors and other fintech companies teaming up with outside financial planners and conventional advisory firms in just about every segment of the investment advice business.

Fueling that impression are hard - hitting ads by robo - advisor Questrade Portfolio IQ, where everyday Canadian investors grill their sleazy - looking conventional advisors about why their fees are so high and their returns are so low.

This robo advisor is all about the endgame, walking you backward through the steps required to meet your end goal.

While the robo - advisor retains full responsibility for managing the investments and matching the client to the appropriate portfolio, the financial planner might fill the role of trusted human advisor who can prepare an in - depth financial plan but also counsel clients about all aspects of their finances.

Winterberg says advisors have to offer an equivalent robo - advisor service but also make clear that they do much more than just «turnkey asset management and stock selection... This week of all weeks they should be saying that to clients, how they create financial plans and go beyond just investments but talk about cash flow, taxes, estate plans and college planning.

About 38 percent of millennial savers in the T. Rowe Price survey have employed an advisor in the past five years, including 11 percent who have used robo - advisors.

Due in part to a growing lack of faith in traditional financial advising brought about by this trend, more and more investors are switching to low - cost passive online advisors (often called robo - advisors) who exclusively or almost exclusively invest clients» capital into index - tracking funds, the thought being that if they can not beat the market they may as well join it.

Thinking about giving robo - advisor a try but don't like the idea of spreading your investments over multiple institutions?

Robo - advisors, self - service offerings and digital currencies are the headliners in this (frightening) discussion about the future of financial planning.

If you have general questions about what a robo advisor is, or who they work best for, please check that one out.

«Get a robo - advisor service like WealthSimple or Betterment, so they can automate your retirement savings and you don't need to think about it.»

Learn about all the features of Wealthsimple, a robo - advisor that helps investors balance their portfolios automatically, reinvest dividends, reduce tax liabilities, and more.

According to Motley Fool, there are about 10 robo - advisor services currently in Canada, but BMO's entry would mark the first foray by a major Canadian financial institution.

Ellevest, like other robo advisors, determines which investments to choose by asking the user questions about her goals, retirement timeline and financial history.

They're called robo advisors, and they're making investing easier — and more affordable — for just about anyone.

What financial advisors can learn from VCs and robo - advisors about lifetime customer values.

In this week's Smart Thinking, the Financial Panther explains what he likes about robo - advisors.

Investment in fractional shares: Like other robo - advisors, at Wealthsimple each customer's portfolio of ETFs — the exact mix of growth, international, fixed income, cash and other asset classes — is based on answers to questions about financial goals, investing experience, financial situation and risk tolerance.

If you've been paying attention to the news within the past few months, you've likely been hearing a lot about the rise of the «robo - advisor ``.

«Our research shows the factors that most distinguish those likely to embrace robo - advisors from those who will not are a much higher level of concern about the ability to save for and adequately fund retirement, and a strong desire for enhanced investment performance,» continued York.

The same rules about keeping fees in check apply to all ETF shoppers, whether you're looking to hire a robo - advisor or going the DIY route.

We've all been hearing a lot about robo - advisors, those online platforms that offer easy, low - fee investment management.

If you're the kind of guy or gal who doesn't really need access to someone you can sit down with across from a desk, but you want your investments to be automatically managed, you might think about signing up with a robo - advisor.

Most robo - advisors manage IRAs and taxable accounts but leave you in the dark about your 401 (k).

Chris Costello, certified financial planner and CEO of Blooom, said robo - advisors aren't just about lowering investment costs.

After writing several robo advisor reviews about the top robo advisors in Canada, I've come to the conclusion that I really like the value package that leading robo advisors like Nest Wealth, Modern Advisor, and Wealthsimple (Wealthfront and Betterment in the USA) bring to the table.

Learn more about Canada's robo advisors, and find out what they can do for your pension and retirement savings.

If you are still wary about entrusting your pension or retirement savings to a team of Robo Advisors, consider the following:

«At the end of the day, investing is not just about manipulating data, says Charles Marleau, president and senior portfolio manager at Palos Management Inc., a Montreal - based money manager «Robo advisors can handle data efficiently and probably faster than many human advisors, however, there is more than numerical data involved in decision making,» he says.

Due in part to a growing lack of faith in traditional financial advising brought about by this trend, more and more investors are switching to low - cost passive online advisors (often called robo - advisors) who exclusively or almost exclusively invest clients» capital into index - tracking funds, the thought being that if they can not beat the market they may as well join it.

There are now about a dozen robo - advisors in Canada, including Wealthsimple, Nest Wealth, Wealth Bar, Smart Money and ModernAdvisor.

Robo - Advisors are targeted at people who don't want to worry about their investments but don't want to pay huge fees to have someone fully manage their portfolio.

Betterment has stepped out as a clear leader among robo - advisors, with about 300,000 clients and $ 11 billion in assets under management today.

So, it seems like everyone is talking about Robo - advisors.

In 2016, we saw a lot of industry changes and the formation of other future trends including robo - advisors, uncertainty about the DOL fiduciary standard, new technology emerging, and more.

If you're still not sure about what to invest in, consider using a robo - advisor like Betterment.

And how about robo - advisors?

What's great about Betterment is that they charge one of the lowest fees in the robo - advisor industry, and they make it really easy to invest automatically.

«But I don't know enough about robo - advisors.»

In Q&A, a few questions came up about the ability of robo - advisors to match the quality and timeliness of the advice services an advisor may provide to keep clients on track, particularly in down - markets.

It is not because you failed to pay for an advisor to provide you expert advice about the future or otherwise «get you out in time,» and it is not because you went with 4 funds yourself instead of the Robo choosing 10 funds for you.

I did» t mean to sound so critical about robo - advisors in this post.

Better yet for the consumer, you can start investing with a robo - advisor without knowing much about how markets work.

If you're concerned about the risk of a robo - advisor running off with your money or going bankrupt, that's not much of a risk at all.

Plenty of discussions are going on about how conventional advisors might incorporate the robo - advisor platform in their own practices so that they can focus more on activities that add value.

But the larger, long - term trend is robo - advisors and other fintech companies teaming up with outside financial planners and conventional advisory firms in just about every segment of the investment advice business.

If you're worried about fees and still want a good portfolio, you could work with a robo - advisor such as NestWealth or SmartFolio