Robots Can Manage Your Money. But Even They Need Humans

September, 11 2018 | Prashant Mehta

For those who want guidance from a professional, the online options are multiplying. The big question that looms for roboadvisers, some analysts say, is whether they can make enough money by charging customers so little. In the past few years, several independent online advisers — including WorthFM, Hedgeable and, after Northwestern Mutual acquired it, LearnVest — have closed. Others, including Invessence, have switched to selling their technology to other money management firms.

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