Robo - advisers are perceived to be an ideal solution for small businesses that financial institutions and advisors wish to keep , but there are certain issues with using the robo - adviser solution , according to Aite Group senior analyst Denise Valentine . Despite offering low risk and minimum investments , the advisors do not offer a full benefit package , lacking insurance coverage or specialty items . The robo - advisers do not generally provide multiple financial support or financial guidance .
Robo-advisers are perceived to be an ideal solution for small accounts that financial firms and advisors wish to keep, but there are certain issues created using the robo-adviser solution, according to Aite Group senior analyst Denise Valentine. Despite offering low prices and minimum investments, the platforms do not offer a full product package, lacking insurance products or specialty items. The robo-advisers do not generally provide multiple goal support or financial guidance.