robo-advisors
also referred to as: robo-advisor
4 statements across 3 episodes · 0 bullish · 3 bearish · 3 people on the record · first statement Apr 7, 2017 by Nektarios Liolios · across every show →
Everything said about robo-advisors, oldest first
Apr 7, 2017 bearish
Jan 14, 2018
Miller: Robo-advisors will need human advisors when the market turns down
“The strong robos, they embrace the human advisor. They embrace the human element. They realize whenever the market turns, you know, turn south, which we, you know, we haven't had a recession since June of 2009 turn south. It doesn't matter whether you have 10,…”
Sep 2, 2018 negative
Beattie: Robo-advisors just package seven ETFs and charge unnecessary fees
“All these robo-advisors are doing is putting seven ETFs into a bucket and selling it to you and charging you a fee every year for rebalancing it. This is not rocket science. Any member of the public can do this if they have an understanding of why there are th…”
Sep 2, 2018 negative
Beattie: Traditional advisors erode a third of lifetime wealth in fees
“With a traditional advisor charging you one and a half percent per year in total fees both what they're charging and the embedded ones in the products, that you're going to lose about a third of your wealth over your lifetime. When you look at a robo-advisor, …”