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InvestmentNews

Robos will fare well in market volatility with nerves of steel

By Ali Malito

Dan Egan, director of behavioral finance and investments at robo-adviser Betterment, which in November passed the $3 billion mark in assets under management, said Betterment has tools to help clients think more clearly before reacting to market volatility. One tool is a tax impact preview, which shows clients before a transaction is confirmed the estimate of how much they need to pay in taxes because of a withdrawal or allocation change.

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This article originally published January 4th, 2016 on InvestmentNews