Advertiser Disclosure: Ad Practitioners LLC has partnered with FinishRich Media LLC. Ad Practitioners LLC and FinishRich Media LLC have an advertising relationship with the companies included on this page and receive a commission when you click or make a purchase using this site. The purpose of this content is to educate and inform, and should not be construed as financial, legal, tax, investment, or other advice. We encourage you to contact a qualified professional to ensure you are making the right decisions to achieve your financial goals. For more information, please check out our full disclaimer.

Straight to the point...

The Best Robo-Advisor Companies

If you want to make investing simple and “automatic,” a robo-advisor might be your best solution. Here’s what to keep in mind when shopping for one:

  • Robo-advisors will ask you questions about your goals and risk tolerance to figure out the best way to invest your money
  • It’s a good option if you want to invest, but don’t want to have to research every mutual fund out there 
  • The platforms typically charge a fee, but some offer free trades
  • SIPC does not cover losses, but it will protect if your brokerage goes bankrupt