what does a robo advisor do 
robo advisors provide financial planning services through automated algorithms with no human intervention they start by gathering information from a client through an online survey and then automatically invest for the client based on that data robo advisors often use passive index investing strategies can robo advisors make you money yes you can make money with a robo advisor as you can with any other financial advisor can you lose money with robo advisors yes as with any investment you can lose money with robo advisors if investments lose value or costs outpace portfolio returns 