Robo-Advisors vs Online Brokers vs RIAs

Robo-Advisors vs Online Brokers vs RIAs – Which is Best? The rise of the “robo-advisor” is hard to ignore. Startups Wealthfront, Betterment, Personal Capital, and others have shaken up the managed assets scene by letting algorithms determine the best allocation of capital. Investing with a robo-advisor has given investors the ability to accomplish long term investment goals with a much lower cost over using a traditional advisor. A similar trend of lower costs has been seen with the online brokers. All the major brokers charge $9.99 or less per trade, with a variety…