My question is what is the relative difference between robo advisors and pre allocated etf models that already exist such as I-shares various risk models ranging from conservative to aggressive. These are prebuilt models available under one symbol? I would guess that the performance of these pre-built etf models are just as good as a robo advisor. So why use a robo advisor? Why not simply buy the etf model? Is the difference simply marketing?
My question is what is the relative difference between robo advisors and pre allocated etf models that already exist such as I-shares various risk models ranging from conservative to aggressive. These are prebuilt models available under one symbol? I would guess that the performance of these pre-built etf models are just as good as a robo advisor. So why use a robo advisor? Why not simply buy the etf model? Is the difference simply marketing?