facebookOne's risk tolerance might either increase or decrease over time, so how does the use of robo-advisors cater for that, especially when most of them don't offer users much flexibility to change things up? - Seedly

Advertisement

Anonymous

08 May 2020

SeedlyTV

One's risk tolerance might either increase or decrease over time, so how does the use of robo-advisors cater for that, especially when most of them don't offer users much flexibility to change things up?

SeedlyTV S2E04

Discussion (3)

What are your thoughts?

Learn how to style your text

Eliezer

08 May 2020

Content & Community Lead at Syfe

Your risk tolerance can definitely change over time as you hit new lifestage milestones. Syfe offers you the flexibility of changing the risk level of your portfolio anytime, at no additional fee. Alternatively, you may also create multiple portfolios with different risk levels to cater for your short and long-term financial goals.

Moreover, Syfe's financial advisors are on hand to provide guidance and advice should you feel your risk tolerance no longer matches your investments. They can walk you through the process of re-assessing your risk profile and choosing the right investments.

Ray Phua

07 May 2020

Wealth Manager at AutoWealth

No worries, over at AutoWealth you are able to switch your portfolio risk profile at any point in time, and there is no additional fee. Besides, all AutoWealth clients are assigned with a Wealth Manager whereby they can seek advice from, before making appropriate changes to their portfolio risk profile.

Robo-advisors have different portfolios for different risk profiles. It is possible to adjust or swi...

Write your thoughts

Advertisement