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The Globe and Mail's 2024 Robo-Adviser Guide

The Globe and Mail's 2024 Robo-Adviser Guide provides an overview of the current landscape for automated investment services in Canada. It discusses how robo-advisers have evolved, offering not just low-cost, passive investment strategies but also more sophisticated options like tax-loss harvesting, socially responsible investing, and access to human financial advisors for additional fees. The guide evaluates various robo-advisers based on factors such as fees, investment options, account types, and additional services like financial planning tools or mobile app functionality. It highlights the importance of understanding the fee structures, which can vary significantly, and the potential for customization in investment portfolios. The article also touches on the regulatory environment, noting that robo-advisers must adhere to the same standards as traditional financial advisors, ensuring client protection. Lastly, it advises potential users to consider their investment goals, risk tolerance, and the need for personal interaction when choosing a robo-adviser.

Read the Full The Globe and Mail Article at [ https://www.theglobeandmail.com/investing/article-the-globe-and-mails-2024-robo-adviser-guide/ ]

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