Independence & Roboadvisors

By | 8 months ago

All –

Has anyone have any experience with Robo-advisors and Independence. I know the big fours all have some sort of "broker feed" where it links up to your brokerage account, so they can "monitor" your trading activities. 

Has anyone ever used the broker feeds with a robo-advisor (i.e. Schwab Intelligent Portfolios, Acorns, Betterment, etc.) where the roboadvisor executed trades on your behalf? Since they automatically invest for you there is a chance they might invest in an ETF or MF that is restricted, how does this work since it’s not as if you can tell the robot what to buy/sell?

Thanks y'all.

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