4 Steps To Select Best Robo Advisor   Apr 11, 2018

Financial planning services can vary from simple goal-based planning, to a more comprehensive service of managing your debt and cash flows. Most robo-advisors today are only equipped to handle the former.

So before you get your expectations too high, remember that a robo-advisor may only be able to automate your investments towards new financial goals.

Therefore, if you have not started actively saving and investing towards any financial goals or if you are planning to add new investment goals, then robo-advisors are for you.

Here again, robo-advisory platforms come with different options – some may offer complete automation, while others may offer hybrid services that pair the computer algorithms with financial planners. You need to choose wisely.

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