Financial Advisors and Robo Advisors
By Kris Maksimovich, AIF®, CRPC®, CPFA®, CRC®:
Many people rely upon financial advisors for their wealth management needs. We are often asked about the differences between financial advisors and robo advisors. When it comes to answering this question, investors should do their research and understand what they are getting into with both types of services.
Understanding What You Get
There are many nuanced cost benefits to using a financial advisor like financial gain, risk reduction, enhanced well-being and monitoring and helping you adjust your investment behavior that robo advisors do not. Below, is a breakdown of the differences between financial advisors and robo advisors. We hope you’ll find this list helpful on your journey to investing:
We’re always happy to speak with you and answer your important questions if you are searching for a financial advisor near you.
Read Is it Worth the Fee to Hire a Financial Advisor?
Kris Maksimovich is a financial advisor located at Global Wealth Advisors 4400 State Hwy 121, Ste. 200, Lewisville, TX 75056. He offers securities and advisory services as an Investment Adviser Representative of Commonwealth Financial Network®, Member FINRA/SIPC, a Registered Investment Adviser. Financial planning services offered through Global Wealth Advisors are separate and unrelated to Commonwealth. He can be reached at (972) 930-1238 or at firstname.lastname@example.org.
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