Here’s what fees can do to your retirement if you don’t pay attention
Contrary to what many Canadians assume, those fees are a percentage of the total investment balance — not of annual investment gains. Continue reading
robo-advisors
The next recession will be a first for robo advisors. Are they ready?
A bear market would be a ‘huge test’ for low-cost robo advisors, said one portfolio manager. Continue reading
Robot vs. human: When you should invest with robo advisors
An in-depth look at the pros and cons of investing with low-cost robo advisors. Continue reading
Bank of Montreal launches ‘robo-adviser’ service
The Bank of Montreal has launched an online porfolio manager, making it the first of the big five Canadian banks to wade into the “robo-adviser” business. Continue reading
Power Financial enters robo-adviser space with WealthSimple investment
Financial services conglomerate Power Financial Corp. is entering the robo-adviser business with an investment of up to $30-million in Toronto-based startup WealthSimple. Continue reading
Banks eyeing low-cost robo-advisers to attract millennials
Fed up with pricey mutual funds, a growing number of Canadian investors are turning to robo-advisers, low-cost online investment managers. Continue reading
Robo-advisors: Taking the emotion out of investing?
Human emotions are great if you’re looking for love. But, they may not be beneficial when making major financial decisions. One emerging market says it’s taking emotion out of the equation. Continue reading
Would you trust a robo-advisor with your money?
The future is here, and it includes robots managing your money. Continue reading