Today, we’re talking about Robo Advisors and why I think you should NOT have one. Clearly, I’m a little biased here. I guess, some would say they are my competition.
You’ve seen the commercials, right? They’re out there saying computers better at this than everyone else.
Robo-advisors are not able to take advantage of opportunities in the market. They’re not able to structure the alternatives, not able to do anything principal protected and they never look at private debt of any kind.
Today, we’re talking about Robo Advisors and why I think you should NOT have one. Clearly, I’m a little biased here. I guess, some would say they are my competition.
You’ve seen the commercials, right? They’re out there saying computers better at this than everyone else.
Robo-advisors are not able to take advantage of opportunities in the market. They’re not able to structure the alternatives, not able to do anything principal protected and they never look at private debt of any kind.
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