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Investor's Business Daily

Will Your Robo-Advisor Protect Your Portfolio In The Next Meltdown?

By Aparna Narayanan

Robo-advisors are becoming all the rage in the financial world, but their limited history raises a nagging question: Can they protect portfolios from a global market meltdown?

Since robos got their start in the wake of the 2007-08 financial crisis, their ability to withstand severe shocks has yet to be tested.

But Daniel Egan, director of behavioral finance and investing at robo-advisor specialist Betterment, suggests that may be the wrong thing on which to focus.

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This article originally published June 24th, 2016 on Investor's Business Daily


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