6 Ways Robo-Advisors Make Investing Easy GOBankingRates
Automation has infiltrated nearly every facet of our lives -- but in the realm of managing money, the robot invasion is a welcome technological development. Where traditional money managers rely on their individual expertise to pick and manage investments for client portfolios, a robo-advisor uses computer algorithms to scour the world of investment options, calculate all the possibilities, and curate the ideal mix of investments for investors. These automated investment services are built with the kind of technology that would make the geekiest mathlete salivate. But it's the seamless, easy-to-use interface that makes robo-investing an appealing option for investors looking for low-cost, easy ways to invest. In five years, assets under management by robo-advisors will increase 68 percent annually to about 2.2 trillion, according to consulting firm A.T. Kearney.
Apr-6-2016, 08:00:53 GMT