Should You Use a Robo-Advisor?

We break down the pros and cons. As our world becomes increasingly digitized, it’s no surprise that investment management has followed suit— online investment platforms, also known as robo-advisors, are popping up everywhere. Women are especially taking notice: According to a 2016 survey by TD Ameritrade , more women than men currently use a robo-advisor (16 percent of women versus 10 percent of men). And as more Americans are taking an active role in managing their finances (60 percent describe their investment approach as “hands on,” according to a 2016 Merrill Edge Report ), robo-advisors offer an easy, unintimidating […]

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