The Money with Katie Show Rich Girl Roundup: Are Roboadvisor Fees Worth It?
Dec 18, 2023
In this episode, Katie and Henah discuss whether roboadvisor fees are worth it and the benefits of using them. They explore the value of roboadvisor fees for tax optimization and compare them to human financial planners. They also highlight the benefits of roboadvisors for beginner investors and discuss popular options like M1 Finance and Betterment. Finally, they provide best practices for investing and mention M1 Finance as a customizable roboadvisor option.
Chapters
Transcript
Episode notes
1 2 3 4 5
Introduction
00:00 • 2min
Are Robo Advisor Fees Worth It for Tax Optimization?
02:00 • 6min
The Worthiness of Roboadvisor Fees and the Value of Human Financial Planners
08:08 • 3min
Exploring the Benefits of Robo-Advisors and Comparing Different Options
11:02 • 3min
Best Practices for Investing and the Benefits of Robo Advisors
14:12 • 3min