Top 10 Robo Advisors Ranked: Find the Best Automated Online Investing Services
Moore’s Law projects that computers will equal the processing power of the human brain by 2025. In the meantime, hand over your retirement account.
NEW YORK (MainStreet) — The smart money machines are getting smarter, cheaper and are proliferating at Terminator speed. Intelligent machines not only want to assimilate our middle class jobs, they want to manage our money. Moore’s Law projects that computers will equal the processing power of the human brain by 2025. In the meantime, hand over your retirement account.
Robo advisors — automated computer algorithms that allocate, deploy and rebalance our investments – are the hot topic in the financial advisory biz. And consumers, especially young adults, are warming to the idea. Low fees, a watchful HAL 9000 eye and Spock-like objectivity are some of the reasons why. There are so many services to choose from that we narrowed the field to the Top 10 for you. OK, technically, the Top 9 — with the last slot serving as an inventory of additional players in the sector.