Robo-advisors, sometimes known as automated online advisors or digital investing services, are technology-based investment platforms that offer fully automated online investing.
If you want a hands-off approach to investing, robo-advisors are an obvious choice. And these days, the top robo-advisors offer useful tools like automatic rebalancing and consider your financial goals when picking investments.
However, this is a crowded market, and it’s not always easy to make the right choice. That’s why our list of the best robo-advisors is covering some of our top picks for different types of investors.