The pros and cons for each approach.

Robo-advisors have gained popularity in recent years, but they come with some pros and cons. While a robo-advisor manages your investments algorithmically, a financial advisor is a human who provides ...

Explore how algorithm-driven investment platforms work, their benefits, drawbacks and when they might fit into your financial strategy ...

Robo-advisors automate the investing process for you, making it simple to invest in a diversified portfolio of assets — and they cost much less than a typical financial advisor. It’s little wonder ...

With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...

Learn how robo-advisors work to control risk and generate returns Nick Gallo has been a financial content marketer and journalist for over six years. He has deep expertise in credit-related topics, ...

Alana Benson is an investing writer who joined NerdWallet in 2019. She covers a wide variety of investing topics including stocks, socially responsible investing, cryptocurrency, mutual funds, HSAs ...

Alana Benson is an investing writer who joined NerdWallet in 2019. She covers a wide variety of investing topics including stocks, socially responsible investing, cryptocurrency, mutual funds, HSAs ...

Robo-advisors have taken the investment world by storm, and honestly, we get why. These fully automated financial advisors now manage over $1 trillion in assets, according to The Motley Fool. They ...

Few consumers use robo-advisors, but 63% of those who don’t use any advisor—heavily weighted toward millennials—said they would consider it, according to a recent survey by MagnifyMoney, a personal ...