Since their introduction nearly a decade ago, robo-advisors have become more mainstream with over 100 options now available. They have become popular with novice investors because they have low starting deposits and don’t require in-depth market knowledge. For experienced investors, robo-advisors can automate complex time-consuming activities like rebalancing and tax-loss harvesting.
Robo-advisors vary from firm to firm, but are generally online services that provide automated portfolios based on your preferences.
personal preferences against unpredictable forces
to automatically recommend a portfolio
that fits an investor’s specific needs.
Each robo‑advisor is different but they
tend to operate in a similar fashion:
As robo-advisors continue to grow in popularity, traditional financial advisors
remain available, as well as a combination of both approaches.
Learn more about what Schwab has to offer:
Schwab Intelligent Portfolios®
Our robo‑advisor builds, monitors, and automatically rebalances a diversified portfolio based on your goals. You can get help from Schwab professionals any time, 24/7.
Schwab Intelligent Portfolios Premium™ provides all the features of Schwab Intelligent Portfolios, plus unlimited 1:1 guidance from a Certified Financial Planner™ professional, digital financial plan and interactive online planning tools.Learn more