Is Your Robo-Adviser Really a Robot?
Diversify your portfolio. One advantage of robo-advisers is that they will encourage more diversification in your investments than you might have thought to set up yourself, says Alex Benke, vice president of financial advice and planning at Betterment. “Instead of going for the common beginning investor strategies some advisers will push you toward, lean into the diversification presented by robo-advisers,” says Benke. “This will allow you to balance your portfolio risks and rewards.”