Who Needs a Financial Advisor?
Robo-advisors have emerged as a low-cost option for investors who want to put their portfolios on auto-pilot, without paying the high fees of hiring a financial advisor. However, this doesn't mean that human financial advisors are obsolete.
In this clip, Michael Douglass and Matt Frankel discuss who might be better off hiring a financial advisor, and who would be fine with a robo-advisor.
A full transcript follows the video.
Source: Fool.com
