FYI: What happens when a robo adviser closes?
Lots of investors have had to deal with this question lately, and still more are likely to soon.
A popular product with investors, robo advisers are a mix of algorithms and human planning that match customers with portfolios of inexpensive index and exchange-traded funds. The portfolios are then managed and periodically rebalanced, for low or no fees, by computer programs.
Regards,
Ted
https://www.wsj.com/articles/what-to-do-if-your-robo-adviser-shuts-down-1538964420?mod=article_inline
