Talari JagadeeshKnowledge Contributor
What are the advantages of using robo-advisors for investment?
What are the advantages of using robo-advisors for investment?
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Robo-advisors offer automated, algorithm-driven financial planning services with minimal human intervention. Advantages include lower fees, accessibility, convenience, personalized investment strategies, and continuous portfolio monitoring and rebalancing. They are suitable for new investors and those seeking a hands-off approach to investing​.