ModernAdvisor is the latest addition to the financial - advisory space with the Toronto - based start - up set to launch next month . The new robo-advisor will also use a computer simulation to give investors an idea as to the returns they can expect from their investments based on certain probabilities. The firm plans to differentiate itself from other robo - advisors by identifying and tracking﻿ clients ' financial goals , informing them when they are off - track and making﻿ efforts to bring their portfolio back inline . As well as expanding across Canada , it aims to work with financial advisors .
ModernAdvisor is the latest addition to the financial - advisory space with the Toronto - based start - up set to launch next month . The firm plans to differentiate itself from other robo - advisors by identifying and tracking﻿ clients ' financial goals , informing them when they are off - track and making﻿ efforts to bring their portfolio back inline . As well as expanding across Canada , it aims to work with financial advisors .