FYI: As the popularity of so-called robo advisors has risen, the conventional wisdom that has pervaded the advisory profession is that the discipline of investment management will be “commoditized,” resulting in lower margins and an urgency to justify one’s value through non-investment activities. But a review of the historical performance of the robos over the last three years, a relatively short time period, shows that fear is unjustified.
Regards,
Ted
https://www.advisorperspectives.com/articles/2019/09/16/is-your-robo-smarter-than-a-fifth-grader
