Every person needs a decent-quality financial adviser, if not a high-quality financial adviser. If you do not have a complex financial situation, here’s the question you need to consider: “Is the fee that I should pay to avail the services of a financial adviser justified for the amount of my wealth she manages?”
If a firm categorises itself as a robo-adviser, we believe the firm should give personal financial advice. That is, if a firm that identifies itself as a robo-adviser cannot provide personal financial advice, then our view is that it cannot be termed a robo-adviser.
If you are an expert in investing, have the time needed to conduct regular research, and have the discipline to adhere to an investing methodology objectively, you can do your own investing.
