Limited time offer: Sign up today and get up to 1 year managed free. See details

Charitable Giving: A better way to give, coming November 28. Learn more

Investing: The best robo advisers for millennials

By Nellie Huang

Robo advisers (a term the industry detests) use technology to generate investment advice and manage your portfolio. You answer a few easy online multiple-choice or fill-in-the-blank questions that touch on your risk tolerance and time horizon. In seconds, a program analyzes your answers, applies modern investing theories about diversification that include gauging thousands of possible risk-reward outcomes, and — presto! — out comes a portfolio designed for you.

Read the Original Article

This article originally published July 20th, 2015 on Chicago Tribune.