In this episode, Mark talks about how tax and legal advice is not a check box process - there is an art to trying to save money on taxes. Robo-investing is all computer based and you aren’t dealing with an advisor you’re dealing with machines making the decisions. Selling a cost solution that costs you less and there's opaqueness of fees and what investors are paying drives investors to go with the low cost, no human interaction investing. Part of planning is a function of having human interaction. Investors do not trust the stock market and they think it's a gamble. The biggest risk is making sure you have the appropriate asset allocation strategy based on goals.
April 4, 2017