What is a robo-advisor?

Robo-advisors are platforms that offer automated investing and wealth management services based on the use of mathematical algorithms.

How do I open a robo-advisor account?

Opening a robo-advisor account is simple. It typically involves completing an online questionnaire that requires providing information about yourself, your financial goals, and your risk tolerance. After that, you fund the account to get started.

Can you lose money with a robo-advisor?

As with any type of investing, there are risks involved and it is possible to lose money with the ups and downs of the market.

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THE TOP ROBO-ADVISORS FOR 2025

The 10 best robo-advisors of 2025

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