General World News

A financial planner explains when you should consider investing with a robo-adviser — and when you shouldn’t

financial adviser

  • “Robo-advisers” — investing apps that use algorithms to create and manage investment portfolios — are easily accessible and simple to use.
  • Below, financial planner Eric Roberge explains that they lower the barrier to entry for investing by enabling users to open accounts quickly, easily, and with less cash upfront.
  • However, they’re limited by the information you give them. If you need a personalized investment plan as your finances become more complicated, you might want to consider a financial adviser instead.
  • SmartAsset’s free tool can help find a financial adviser to craft your investing plan »

Robo-advisers are digital platforms that use complex read more >>>

Source:: BusinessInsider.Com