Today’s consumer tip: Do research before switching to a robo financial adviser

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Although it's still new, the online financial adviser industry is growing.

Instead of visiting a financial adviser personally in their communites to get advice on investments, consumers can get investment advice from online companies.

Consumer Reports says robo-advisers offer the basics, but not much else, although they’re cheaper and possibly more objective.

See the Consumer Reports article “Get a New Kind of Financial Adviser – at a Discount” for more information.

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