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Kiplinger
Kiplinger
Business
Kim Clark

How to Pick the Best Robo Adviser For You

A robo advisor helps his client chatting with him via the smartphone Chatbot concept. Colorful illustration.

Robotic weapons? Terrifying. Robo cars? Controversial. Robo investment managers? They're a great way to start or continue investing.

In the 15 years since their introduction, computer programs that automatically design and maintain portfolios tailored to an individual's goals and risk tolerance have grown rapidly. Robo advisers currently manage more than $500 billion of investors' money.

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