Robo advisors are more than just robots sitting at a computer. Find out how they can potentially help you reach your investment goals.
The term “robo advisor” may conjure up images of a robot sitting at a computer picking stocks, but that science fiction scene isn’t the reality for the industry. With a robo advisor, your money is invested in a professionally-managed portfolio that is optimized for your investment goals. Keep reading to learn more about what robo advisors are, how robo advisors work, and whether a robo advisor makes sense for you.