Leading Robo-advisors are responsible to take hold of the financial situation of an investor without needing to understand the ins and outs of stocks, bonds, ETFs, and more. The best way to choose a digital investment advisor is to start with your needs and then match up your preferences with the best Robo advisor for you. BeniGro is one such company that is counted among the Best Robo Investment Platform as it provides all sorts of facilities helpful for the investor. Although SRI has certainly been gaining in popularity in recent years, it's far from a new phenomenon.
In fact, for decades, there have been dozens of mutual funds created with socially responsible investing in mind. However, Robo advisors are taking SRI a step further, making specially tailored, conscious portfolios available to investors. This is a much cheaper option than investing in a mutual fund. Here are some who come under the category of Socially Responsible Robo Advisor:
1. BeniGro: They provide a very competitive annual flat fee of 0.50% on any investment portfolio. Moreover, they also offer Socially Responsible Investing and Environmental, Social and Governance portfolios. The charges are very minimal for all these portfolios. Also, they have a dedicated team of experts who have answers for each and every query of their potential investors. Very few companies have this type of premium service, BeniGro being one of them.
2. Betterment: Betterment is also leading the way towards socially responsible investing. Along with charitable giving options, the robot advisor of Betterment offers an SRI-specific portfolio known as the Broad Impact portfolio, which is comprised of low-cost exchange-traded funds. The funds that are picked by the company reflect increased exposure to companies making positive social impacts while reducing exposure to less ethically sound companies.
3. Personal Capital: The organization offers SRI under ESG. They have partnered with Sustainalytics, a global leader with more than 25 years in ESG and corporate governance research and ratings. The portfolio Personal Capital also excludes securities in “vice” industries such as gambling, tobacco, adult entertainment, and arms.
There are also some Top Financial Advisors in Massachusetts that help to get over the financial problems. Here are some key merits of having a financial advisor:
? Proper assessment of tax liability
? Benefit of experience
? Effective allocation of funds
? Updated reviews as per market trends
However, despite the costs involved, the purpose of hiring a financial advisor is to create more wealth by letting the growth of money. So, it is always recommended to hire a professional when it comes to monetary matters.