18 Apr 2019
Between Robo-Advisors, Banks, and Traditional FAs, why would you choose one over the other? Fees/Algorithm built systems/Investment Philosophy?
I mean because even these algos are built by the investment heads in the first place correct or is this not a factor?
I've also seen banks and FAs charge lower fees as well, so is that the biggest factor to decide?
Depends on the type of investment advice or product you want.
For some, they prefer an automatic and simple investment approach such as Dollar cost averaging.
For some, may prefer a more tailored approach, choosing the right funds etc
Write your thoughts