Markets

Robo-advisors offer automated investing services at a low cost — here’s how to tell if they’re right for you

A robo-advisor is a service that uses computer algorithms to build and manage investment portfolios, requiring little human involvement and interaction. Robo-advisors are popular because they provide automated strategies based on your investment goals at a much lower cost than a human financial advisor or manager. Robo-advisors are well-suited for […]
Robo-advisors offer automated investing services at a low cost — here’s how to tell if they’re right for you
Markets

Wealthsimple isn’t the cheapest robo-adviser you can get, but if you want your money in Halal or social-impact investing it could be for you

Wealthsimple is a robo-adviser that offers innovative investment options, including socially responsible investing and Halal investing portfolios. Accounts with a balance of $US100,000 or more qualify for a lower management fee and airport lounge access with a complimentary Priority Pass Select membership. At $US500,000 or more, clients get access to […]
Wealthsimple isn’t the cheapest robo-adviser you can get, but if you want your money in Halal or social-impact investing it could be for you
Markets

Four reasons why you should be investing with a robo advisor

Now is the best time to find better, and faster, ways to build a secure financial future. However, it’s hard to find the time to work on an investment strategy with all the other commitments in life. According to Stockspot, an online investment adviser, robo-advice is now the fastest growing […]
Four reasons why you should be investing with a robo advisor
Markets

Robots could replace as many as 10,000 jobs at Citi’s investment bank

Robots could replace as many as 10,000 human jobs at the American banking giant Citi within five years, according to one of the bank’s most senior executives. Citi’s president, Jamie Forese, described roles in operations and technology as the “most fertile for machine processing.” Robots could replace as many as […]
Robots could replace as many as 10,000 jobs at Citi’s investment bank