Fees for robo-advisors are lower than humans ^85%

Truth rate: 85%

Pros: 2
Cons: 0

Fees for robo-advisors are lower than humans

Pros: 2

Cons: 0
⬆

Fees for robo-advisors range from 0.10% to 0.50% ^81%

Impact:

+100

Robo-advisors have no management fees ^66%

Impact:

+60

Cons: 0

Pros: 2
⬆

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Refs: 0

Info:

Created by: Sophia Evans
Created at: Sept. 27, 2024, 9:33 p.m.
ID: 10825

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Some robo-advisor platforms charge high fees ^30%

30%

Some robo-advisor platforms charge high fees

Robo-advisors offer automated investment services ^80%

80%

Robo-advisors offer automated investment services

Robo-advisors provide poor customer service ^41%

41%

Robo-advisors provide poor customer service

Robo-advisors provide automated investment advice ^85%

85%

Robo-advisors rely on algorithms prone to errors ^49%

49%

Robo-advisors rely on algorithms prone to errors

Many robo-advisors offer limited investment options ^69%

69%

Many robo-advisors offer limited investment options