Back to glossary

Robo-advisor

A digital platform that builds and manages a diversified portfolio for you, for a small annual fee.

Why it matters

Robo-advisors typically charge 0.25% on top of underlying fund expenses. They automate rebalancing, tax-loss harvesting, and asset allocation across taxable and retirement accounts.

Learn deeper

PF101 — Robo-advisors

Educational only — not financial, tax, or legal advice.