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Are there any limitations to using a robo-advisor, such as investment options or customization?

Curious about robo-advisor

Are there any limitations to using a robo-advisor, such as investment options or customization?

Yes, there can be limitations to using a roboadvisor.

One limitation is the investment options offered by the roboadvisor platform. Some roboadvisors have a limited selection of investment options compared to traditional financial advisors. This can be a disadvantage for investors who want to invest in a wider range of asset classes or have specific investment preferences.

Another limitation is the level of customization available. While some roboadvisors offer a high degree of customization, others have a more standardized approach to investment portfolios. This can be a disadvantage for investors with complex financial situations or unique investment goals.

It is important to research and compare different roboadvisor platforms to understand the investment options, customization level, and limitations of each before making a decision.

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