Please ensure Javascript is enabled for purposes of website accessibility
November 26, 2022

Independence & Roboadvisors

All –

Has anyone have any experience with Robo-advisors and Independence. I know the big fours all have some sort of "broker feed" where it links up to your brokerage account, so they can "monitor" your trading activities. 

Has anyone ever used the broker feeds with a robo-advisor (i.e. Schwab Intelligent Portfolios, Acorns, Betterment, etc.) where the roboadvisor executed trades on your behalf? Since they automatically invest for you there is a chance they might invest in an ETF or MF that is restricted, how does this work since it’s not as if you can tell the robot what to buy/sell?

Thanks y'all.

Latest Accounting Jobs--Apply Now:

Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.

Comments are closed.

Related articles

Advice: Leave Big 4 then come back?

Ready to get berated for this, but I want some constructive criticism. I graduated with a degree in finance and accounting, interned in audit with Big 4, and received an offer. The offer would start this August, and I’ve already taken 2 sections of the CPA exam. However, I’ve always considered pursuing medicine and I […]

Advice: Stay mid-market or try to get big 4?

Currently, I just finished my junior year of college and I have an internship with a mid market firm for next spring. I will be graduating that same spring with my bachelors in accountancy and will have my 150 credits to take the CPA exam. Assuming that I receive a full time offer after my […]