Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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13 Your financial adviser wants you to allow his firm to manage your funds using a robo-investment adviser—an artificial intelligence software product that will constantly monitor your account 24 × 7 and make investment decisions consistent with your financial goals and the level of risk with which you are comfortable. The services fee will be reduced from your current 1.25 percent per year of total assets to 0.75 percent per year. What questions would you ask to decide if robo-investing was right for you?
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