Costco Flyer - 03/01-04/30/2021 (Page 18)

according to traders maga- by robo-advisers are expected to jump to $2.5 trillion in value financial connection by lana sanichar robo- advisers hile many people think about with fear and anxiety because of the complexity and lack of hard for their money and don't wish to lose it one option available to investors digital platforms that provide automated algorithm-driven financial planning services with little to no human supervi- for you by selecting investments based the decision-making process for you here's a look at the pros and the cons of using a robo-adviser getting an automated helping hand for your investing needs courtesy of lana sanichar lana sanichar is president and editor- in-chief of canadian moneysaver magazine advantages compared to using a human investment advisers typically range anywhere from management by a human adviser is any- where from 1% to 3% annually mum investible portfolio before they will accept you as a client their fee when they can talk you down from panic selling when the market this might be the biggest drawback.” advisers are not financial planners and do not look at your overall financial professional will take everything into account when creating a personalized financial plan for you advisers typically invest only in exchange- to no say in which etfs are chosen investing money is just one aspect of there is help; whether it's human or not is due diligence or seek professional help before making investment decisions through an exclusive moneysaver's experts partner with the costco connection to share advice about relevant financial topics email topic suggestions to moneyinfo@canadian moneysaver.ca disadvantages discuss your portfolio and the choices "often an adviser really only earns costco members are offered a one-year special introductory price with online canadianmoneysaver.ca and click on "subscribe," for the discount code at the bottom of the page investor options robo-advisers can take the stress out of investing because they make all of the security investment decisions for you alternatives include certified chartered investment for more information about investor options visit canada.ca and search "choosing a financial advisor."-ls