What You Should Know When Choosing Automated Online Investing Services

"Do-it-yourself" financial advice is more accessible to the average retail investor than ever before, thanks to the accelerating popularity of so-called "robo-advisors." These web-based platforms allow retail investors to input personal and financial data, and in exchange, receive asset allocation and investment product recommendations. Then, based on those recommendations, the robo-advisor platform will typically manage clients’ assets for an ongoing fee.