Introduction to Robo-Advisors
In a world with increasingly innovative technology becoming capable enough to fulfill more and more responsbilities, we now have the increasingly successfull service of Robo-advisors. Robo advisors are new entity in the financial planning world, where a complex AI, using a plethora of financial algorithms, can manage one's investment portfolio for the fraction of the of the cost of a traditional "Human" advisor. This analysis is not so much a comment on the cometing robo-advising firms that exist today as much as as it is about those firms emerging and compeitng in the market of financial advising. With the rise of automation across different industries, it is interesting to how the world of finance will be impacted with this new cheaper form of organizing robo-portfolios that can reach and benefit a those who could not afford the service of a financial planner before.