What is a robo-adviser and which is the best one for me?

If you don’t want to take a DIY approach to investing, “robo-advisers” – automated online investment platforms or digital wealth managers – can take a lot of the effort out of creating and managing a portfolio much more cheaply than going to a financial adviser. Marc Shoffman looks at what’s available.

Robo-adviser graphic
Robo-advisers can take some of the work out of investing
(Image credit: © Getty Images)

If you're looking for the best investment platform then one of the options you may be considering is a robo-adviser. 

The two main routes of investing are traditionally using a financial adviser or doing it yourself.

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Marc Shoffman
Contributing editor

Marc Shoffman is an award-winning freelance journalist specialising in business, personal finance and property. His work has appeared in print and online publications ranging from FT Business to The Times, Mail on Sunday and the i newspaper. He also co-presents the In For A Penny financial planning podcast.