But it's clear that algorithms won't replace quality
human advice in more complex or nuanced situations, at least any time soon.
Is this a pure, totally automated robo advisor, or is it a hybrid version utilizing some level
of human advice?
But it's clear that algorithms won't replace
quality human advice in more complex or nuanced situations, at least any time soon.
The comparison to Betterment — which offers
human advice via in - app messaging, and a premium plan that includes phone support from human advisors — hinges on what kind of advice you're looking for.
availability (in most cases) of highly qualified portfolio managers working to a fiduciary standard to step in and provide limited
human advice when needed.
Both also offer unlimited
human advice through their Premium offering (either phone -, chat - or email - based).
In July, the company consolidated those offerings into one plan with unlimited face - to -
face human advice and the ability to text advisers through Betterment's mobile app.
The comparison between Betterment and Wealthfront comes down to whether you want and are willing to pay more
for human advice: Wealthfront's 0.25 % management fee matches the cost for Betterment Digital.
Wealthsimple is making a bet that many people don't want a pure robo - advisor, and are willing to pay a little more out of the gate in order to get
real human advice at any stage of their financial plan.
The comparison to Betterment — which offers
human advice via in - app messaging, and a premium plan that includes phone support from human advisors — hinges on what kind of advice you're looking for.
A vast library of resources, continued access to
human advice when needed and plenty of account options all help make Personal Capital the best option for those that can afford to open an account.
Likewise, the fee for Betterment Premium seems reasonable for access to
human advice through a fiduciary advisor like Betterment.
It's also one of the only online advisors that has remained strictly a robo - advisor, with
no human advice offering.
Personal Capital is unique because it marries technology and
human advice.
But keep in mind those firms are offering strictly automated advice —
no human advice.
Why are we all so keen to listen to
human advice and human points of view.
At Betterment, you can get a bit of both automation and
human advice.
By paying only a 0.28 % management fee per year, clients gain access to
human advice with CFP professionals.
Its goal - oriented tools and features should appeal to retirement investors, and
the human advice offering is inexpensive compared with other independent hybrid advisors, such as Personal Capital.
It's also one of the only online advisors that has remained strictly a robo - advisor, with
no human advice offering.