Sentences with phrase «traditional advisors currently»
Most robo advisory firms charge between 0.15 % and 0.5 % as an annual asset management fee — a bargain compared to the 1 - 3 % which many traditional advisors currently charge.
This means that any advice or financial transaction initiated on your behalf by a Robo Advisor must legally always be in your best interest — just as many traditional personal financial advisorscurrently provide.