2021 Canadian Robo Advisor Comparison | Pros & Cons



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The future is here, and it has been for a while.

Robo advisors have existed for quite some time, and can take some of the thinking out of investing. Some of you may be picturing robots walking around with your cash in their ‘hands’, investing it in places you’ve never heard. While it is something like that, robo advisors work in a slightly different fashion.

Basically, they are a cloud-based computing platform that invests money for you based on your input and strategy. They are loosely customizable as well, so there’s still a semblance of human interaction. Or, if you like humans that much, there are hybrid options that include robo advisors and human advisors working in tandem.

In today’s video we break down and discuss some of the pros and cons of robo advisors!

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