Robo-advisor Trading Still Needs a Human Touch
Posted: Thu Feb 25, 2016 1:30 pm
E*TRADE Financial Corporation (ETFC) has announced the latest results of its quarterly tracking study of its investing community, StreetWise, which yielded several interesting preferences, including a propensity of support behind the utilization of digital guidance for investing, according to an E*TRADE statement.
As modern technology continues to evolve, more and more traders confront the reality of automated trading or robot-aided (bot) decision-making in their trades. E*TRADE’s StreetWise asked investors to essentially choose between three account types:
[list][*]Low cost, digital-only solution, managed and rebalanced solely by an algorithm[/*][*]Moderately priced, digital hybrid solution, automatic rebalancing and human guidance[/*][*]Higher cost, advisor-driven account, managed solely ... (read more)