Robo Advisors Are A SCAM! Wealthfront, Betterment, Ellevest EXPOSED


Are robo advisors a scam? I expose how using robo advisors like Wealthfront, Betterment, Ellevest, and Wealthsimple can steal tens of thousands and even hundreds of thousands of dollars from your investment accounts over your lifetime. The math doesn’t lie.

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The cost of these robo advisors compounds significantly overtime compared to regular index investing. While these services are not a true scam, I can't help but feel they are ripping off investors of thousands of dollars through smooth marketing and understating the long term impact of their costs.

Medium article mentioned:

Feel free to disagree and share your comments below. Is Wealthfront a scam in your opinion? Would you ever invest with a robo advisor?


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DISCLAIMER: This video is a resource for educational and general informational purposes and do not constitute actual financial advice. No one should make any investment decision without first consulting his or her own financial advisor and/or conducting his or her own research and due diligence. There is no guarantee or other promise as to any results that may be obtained from using this content. Investing of any kind involves risk and your investments may lose value.

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