Houston Bookkeeping Tip: 5 Things You Need to Know About Robo Advisors

4. Best Robo Advisors for Experienced Investors

Those of you with at least six figures in investment assets should read here before diving into a robo advisor. The more you have, the more you can make – as in most business ventures.

Here are a few features you want this type of robo advisor to have:

  • Options to chose from all or most types of accounts, not just mutual funds or exchange traded funds (ETFs).
  • One or more human advisors assigned to your account.
  • Ability to handle complex investing tasks, such as bond investment.
  • Lowest management fees.
  • Cost caps that keep that percentage fee from getting too high.