FYI: One unmistakable trend in the financial advisory industry has been the rise of so-called “robo” advisors. These web-based financial advisers employ computer algorithms to provide “personalized” investment advice based on the answers investors provide to an online questionnaire. The robo-advisor’s recommendations are designed to address the particular investor’s objectives, but with little or no human intervention, thereby keeping costs down.
Regards,
Ted
http://dailyalts.com/online-advisor-offers-actively-managed-portfolios/