The name can be misleading, but a robo-advisor is not actually a robot. Behind every robo-advisor there are actual people. The term “robo” is only there to emphasize that the investment is happening on autopilot for the investor (that’s you).
We’ve got lots of great articles on the on robo-advisors, but we bet you’re looking for one of these:
- Wealthsimple Review: Simple Investing on Autopilot
- Wealthsimple vs Questwealth: How These Robo-Advisors Compare
Robo-advisors are the perfect way to get started in the stock market, even when you don't know anything about investing. Simply set up an account, add some funds, and they'll take care of the rest!