THE RISE OF THE ROBO-ADVISER.

The article discusses the financial robo-adviser in the U.S. It states that they offer investors solution that is better and cheaper and charge a fraction of the cost of a human adviser. It notes that the advisers recommend portfolios made up of low-cost index mutual funds that track shares of index such as Standards & Poor (S&P) 500 and exchange-traded funds. It mentions that the advisers periodically rebalance account to make sure stock and bond allocation does not stray from financial model.