Sentences with phrase «term robo advisor»

Not exact matches

«One reason I hate the term «robo adviser» is that with our model, every client gets a dedicated advisor, a flesh - and - blood human being.

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.

While the term «robo - advisor» has been used to describe advisors who supplement their services with asset allocation algorithms, Massachusetts» policy statement applies primarily to «fully automated» robo - advisors «devoid of all human services.»

Unlike traditional financial advisors and other robo - advisors, the internal algorithms build and manage global, customized portfolios of highly diversified, low - cost ETFs across asset - classes, while putting an emphasis on risk management by incorporating deep analysis of economic cycles in order to navigate its ups and downs and maximize long - term returns.

The term «robo advisor» typically refers to investment management companies that have automated part of the investment process.

«Robo advisor» is a term that describes automated investment services and range from public to private, advisor - based to technology - based and fully - automated to integrated with existing accounts.

The term «robo - advisor» is certainly a hot topic in wealth management circles and Canadian investors are getting more and more exposure to the term so putting a new spin on the familiar product means that people might just shift how they perceive the VectorVest and Questrade combination.

First of all, «automated investment services» is the official term for these services (robo - advisor is just a much catchier version).

You've probably come across the term «robo - advisor» in the media at some point.

Like many robo - advisors, this strategy uses just two ETFs: VTI, an ETF representing the broad US equity market, and TLT, an ETF representing long - term treasuries.

Robo - advisors is the term given to any number of automated investing services that have popped up in recent years that aim to make investing easier, more affordable and in some instances negate the need for a traditional financial or investment advisor.

The holistic approach to financial health and investing lets you build a long - term plan with your robo financial advisor.

Good behaviour is an essential part of long - term investing success, and is one area where I'm still not quite sure where the robo - advisors fall.

Supports multiple financial goals: Like large robo - advisors such as Betterment and Wealthfront, Ellevest focuses on getting investors to their longer - term goals.

The advertised account opening time is more in line with a robo - advisor than a traditional online broker, again, likely a factor that considers the younger investor's notion of what's acceptable in terms of «waiting period».

Now there are some advisors who are 100 % computerized, and that's where the term «robo» comes from.

Some people equate the term «robo - advisors» with high - frequency or flash trading because they've read the Michael Lewis book Flash Boys — that has nothing to do with the nature of our business.

A robo advisor is the broad term given to a firm who provides investment management services or automated advice using online or mobile platforms.

It's important to remember that a robo advisor is better for long - term investing and it makes better decisions when it has time to evaluate the long - term impact on your portfolio.

«Robo - advisor» is a term that refers to companies that provide financial advice online, using software to calculate how investors should allocate their assets.

Their ability to help investors manage their long - term investments at attractive price points has contributed to the popularity of robo advisors among cost - conscious investors.

As a result, unless you are seeking advice relating to investing in specialized investment opportunities such as buying particular individual stocks or bonds, robo advisors can offer investment advice that takes into account much of the same long - term investment strategies human advisors use.

If you're prepared to stick with them for the long - term, robo - advisors can offer a much better alternative compared to investing in overpriced unit trusts or ILPs (Why do these things still exist?).

The rise of the robo advisor has provided investors with a helpful option for managing their long - term investments.

My recommended robo - advisors Betterment and Wealthfront will give you a diversified investment portfolio that will grow your nest egg over the long term, but they're also low cost!

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.

Long term you can really save a ton of money on investment fees if you skip the extra layer of management fees at the robo advisors like Betterment, which is why I recommend going straight to a broker / fund sponsor like Fidelity or Vanguard.

Automated investment advisory, or management software tools (robo - advisors) differ considerably in terms of key configurations.

If you don't at least have an idea of what you're getting yourself into, even the best robo - advisors might not be able to keep you from doing long - term damage to your finances.

If you tell the robo - advisor platform what you're looking for, whether it's long - term retirement savings, a high - risk - high - reward investment, or a 529 college savings account, it'll pick the best investments for you and manage things mostly on its own.