So I wanted to put together a distilled robo advisor comparison for you to check out. Largely because they are cool, but also because they are (potentially) a great step closer to financial democratization…which is also cool.
Depending on the robo advisor, investors might be able to open accounts for free and start investing with a small amount of money.
The onboarding process usually involves the advisor asking a series of basic questions about your life and plans.
Betterment was one of the earliest robo-advisors, founded in 2008. This option provides investors with the ability to invest in a variety of different exchange-traded funds or ETFs of stocks and bonds.