Robo-Advisor vs. Financial Advisor: Which is Better?

Artificial intelligence (AI) is a growing arena within the investment management industry. Robo Advisory firms are built online to provide investment guidance and portfolio management by utilizing algorithms for decision making. Although investment portfolios using computer algorithms is more accepted among a younger audience, 60% of Millennials and Gen-Xers still prefer to have a personal financial planner to manage their investment accounts, as shown in the graph below.


*The foregoing content reflects the author's personal opinions which may not coincide with the opinions of the firm, and are subject to change at any time without notice. Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. There is no guarantee that these statements, opinions, or forecasts provided herein will prove to be correct. Past performance is not a guarantee of future results. Indices are not available for direct investment. Any investor who attempts to mimic the performance of an index would incur fees and expenses which would reduce returns. All investing involves risk. Asset allocation and diversification does not ensure a profit or protect against a loss. Finally, please understand that–as with other social media–if you leave a comment, it will be made public.

What Type of Life Insurance is Right for You?

What Type of Life Insurance is Right for You?

Life insurance is a fantastic tool that can be used to protect your loved ones and the assets you accumulate, during your life. However, it’s not the right solution for everyone. Life insurance may be appropriate to cover a short-term gap or during specific stages of your life.  Unfortunately,  many young people purchase life insurance with hopes that the family will become wealthy, or they use it as a forced a savings tool rather than a risk management solution. Insurance is really about protecting and sustaining the goals, dreams, and financial successes you have in life. Investment management is the proper instrument to utilize for building wealth, while insurance is used to protect that wealth. Therefore, it is important to know when you need insurance and what type of protection is most efficient for your situation.


*The foregoing content reflects the author's personal opinions which may not coincide with the opinions of the firm, and are subject to change at any time without notice. Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. There is no guarantee that these statements, opinions, or forecasts provided herein will prove to be correct. Past performance is not a guarantee of future results. Indices are not available for direct investment. Any investor who attempts to mimic the performance of an index would incur fees and expenses which would reduce returns. All investing involves risk. Asset allocation and diversification does not ensure a profit or protect against a loss. Finally, please understand that–as with other social media–if you leave a comment, it will be made public.

How To Choose Your Financial Advisor

How To Choose Your Financial Advisor

Not sure what to look for or where to start when choosing a financial advisor? Lighthouse Financial can help! In summary, when choosing a financial advisor, consider these four key components:

  1. Credentials

  2. Experience

  3. Business Structure

  4. Values


*The foregoing content reflects the author's personal opinions which may not coincide with the opinions of the firm, and are subject to change at any time without notice. Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. There is no guarantee that these statements, opinions, or forecasts provided herein will prove to be correct. Past performance is not a guarantee of future results. Indices are not available for direct investment. Any investor who attempts to mimic the performance of an index would incur fees and expenses which would reduce returns. All investing involves risk. Asset allocation and diversification does not ensure a profit or protect against a loss. Finally, please understand that–as with other social media–if you leave a comment, it will be made public.