Lan Tran, manager research analyst for Morningstar Research Services, discusses the benefits and limitations of digital investment advice. Plus, a look at the best and worst robo-advisors of 2025.

00:40 What Is a Robo-Advisor?

01:20 Robo-Advisors vs. Traditional Advisors

03:02 Who Should Use a Robo-Advisor?

04:02 Benefits of Digital Investment Advice vs. a DIY Approach

06:01 Do Robo-Advisors Offer Retirement and Taxable Accounts?

06:51 Limitations of Robo-Advisors

08:34 Robo-Advisor Fee Structure

10:00 How Robo-Advisors Are Taking a Hybrid Approach to Financial Advice

12:47 How Morningstar Rates the Best Robo-Advisors of 2025

15:41 Do Robo-Advisors Control Security Selection in Your Portfolio?

16:48 Why Betterment Is One of Morningstar’s Top 3 Robo-Advisors of 2025

18:61 Why Fidelity Go Is 2025’s Runner-Up for Top Robo-Advisor

19:20 Why Vanguard Remains the Best Robo-Advisor in 2025

21:00 The Worst Robo-Advisor of 2025

Read about topics from this episode.

Are Robo-Advisors Still Worth It?

Compare Robo-Advisor Performance & Assess the Best Options

The Best Robo-Advisors of 2025

Should You Be Using a Robo-Advisor?

Are Robo-Advisors Worth Your Investment?

Another Robo-Advisor Bites the Dust

What Is a Robo-Advisor?

5 Questions to Ask a Financial Advisor

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Read what our team is writing:

Lan Anh Tran

Margaret Giles

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Digital Advice in 2025: What You Need to Know About Robo-Advisors

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