The book highlights the emergence of robo-advisors, automated platforms providing investment advice with minimal human interaction. These platforms offer services like tax-loss harvesting and typically recommend low-cost, buy-and-hold portfolios. 'In 2017, the two pioneering robo-advisers report about $10 billion of client assets under management,' Bogle notes. With their low annual fees, often around 0.25%, robo-advisors are becoming significant players in the investment advice landscape. | John C. Bogle | The Little Book of Common Sense Investing

Nourish Your Mind, Nurture Your Soul

The Little Book of Common Sense Investing

Finance

The Rise of Robo-Advisors

The book highlights the emergence of robo-advisors, automated platforms providing investment advice with minimal human interaction. These platforms offer services like tax-loss harvesting and typically recommend low-cost, buy-and-hold portfolios. 'In 2017, the two pioneering robo-advisers report about $10 billion of client assets under management,' Bogle notes. With their low annual fees, often around 0.25%, robo-advisors are becoming significant players in the investment advice landscape.

-- John C. Bogle