The best advisors offer easy account setup, robust goal panning, account services, portfolio management, security features, good customer service, comprehensive education, and low fees. Many now offer socially responsible investment portfolios, access to human financial advisors, and extensive digital financial planning tools.
There’s an alternative form of advisors called robo-advisors. These advisors are digital platforms that provide automated, algorithm-driven financial planning services. A robo-advisor collects information on the client’s current financial situation and future goals through a survey and uses it to offer advice and automatically invest clients’ assets.
Robo-advisors provide low-cost solutions to investors that are just starting. Lower costs mean more money to invest. Robo-advisors offer an excellent starting point to build wealth.
Compare some of the best advisors below.