Are Robo-Advisors A Good Idea For Investors?

Are robo-advisors a good idea for investors? The service is almost like putting your portfolio on auto pilot. All anyone has to do is answer some questions and the brokers computer builds a portfolio for you. First it was startup brokers, but retailer investor giants like Charles Schwab are are jumping into the robo game. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, discusses what is a robo advisor and whether he likes the robo game and what it stands to provide for investors.

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