When Are Robo-Advisors the Right Choice?

It's undeniable that robots are part of our future; they already play huge roles in numerous facets of our everyday lives right now. But should you rely on robo-advisors to control your finances? In a new piece for CNBC, Eric Jansen, the founder, president and chief investment officer of AspenCross Wealth Mangement, breaks down the pros and cons of employing a robo-advisor. It sounds like something out of sci-fi, but yes, it's now a reality thanks to recent AI and FinTech developments: you can now hand your cash to robots so they can apply their cold, calculated machine efficiency to make it grow into more money. Go to any FinTech hub like New York City or San Francisco and you'll find numerous companies specializing in this service.