Download the Schwab app from iTunes®Get the AppClose

Robo-Advisors: A Better Way to Invest

Click to show the transcript

Robo-advisors take many tedious tasks off the hands of investors.

In the past, if you wanted to build a diversified portfolio of investments geared toward your timeframe and sensitivity to risk--but didn’t want to work with a professional advisor--you had to handle the research, pick the investments and do all the buying and selling yourself.

Maintaining your portfolio also meant monitoring it regularly to keep everything on track as the markets changed.

You also had to decide whether or when to harvest losses to offset taxable gains elsewhere in your portfolio. This took time—not only time to manage the portfolio, but time to develop investment strategies and expertise.

Now, robo-advisors can do most of this for you, breaking down old barriers of time, knowledge, affordability, and access to put sophisticated investing advice, research and monitoring into the hands of many.

Important Disclosures

The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision.

Not all robo-advisors offer the same features and some features are only available at higher investment minimums.

Investing involves risk including loss of principal.

(1018-89B7)

Thumbs up / down votes are submitted voluntarily by readers and are not meant to suggest the future performance or suitability of any account type, product or service for any particular reader and may not be representative of the experience of other readers. When displayed, thumbs up / down vote counts represent whether people found the content helpful or not helpful and are not intended as a testimonial. Any written feedback or comments collected on this page will not be published. Charles Schwab & Co., Inc. may in its sole discretion re-set the vote count to zero, remove votes appearing to be generated by robots or scripts, or remove the modules used to collect feedback and votes.