Since there are robo-advisors now, why do people still go with fund managers or brokers? Isn't the fee much lower for robo-advisors?

You may play the hilarious and free online game Life: The Game, which is a parody of the whole of a person's life. https://lifethegame.io

Hi Anon,

With the maturity of many robo-advisors today, it is true that low-costs has become one of the main winning reasons for choosing a robo-advisor over a financial advisor! However, robo-advisors are widely varied and have different methods of operating. From my experience, I think that many robo-advisors require you to fill in a risk-profiling questionnaire before they categorise you into a few risk profile categories. From there, you are able to choose from a (or a few, like 3) portfolios, with the risk and returns defined on the website interface. However, there are also an increasing availability of platforms that give you greater customisability and Kristal is one of them. In addition to a recommended portflio, you are able to access a variety of ETFs and stocks. For an account under $50,000, there is also no management fees imposed on the account.

https://solutions.kristal.ai/seedlypost

https://solutions.kristal.ai/seedlypost