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Wealthfront is planning to IPO on the Nasdaq, and that got us thinking. What exactly is the appeal of a roboadvisor? And more importantly, what does a robo advisor even do? How do they make money? In today's video, we'll dig into Wealthfront's business model, and we'll compare the firm to rivals like Betterment, Schwab, and Vanguard to see who comes out on top. If you're thinking of investing in the Wealthfront IPO, or if you're just curious about what's going on with roboadvisors, this video is worth a watch! RESEARCH PIECES USED IN THIS VIDEO: 1. A Warning on Financial Advisors • What Your Financial Advisor Doesn't Want Y... 2. The Last Investment Guide You'll Ever Need • Best 3 ETF Portfolio to Make You VERY Wealthy CHAPTERS: 00:00 Intro 00:22 What is a robo advisor? 01:55 The global roboadvisor market 03:52 Schwab's managed portfolios 05:47 Focus on fees 07:20 This is why people hire an advisor 08:10 Vanguard's digital advisor 08:43 A history of robo advisors 09:20 Wealthfront IPO 10:20 The future of robo advisors 11:12 Should you use a robo advisor? ABOUT US: This video is brought to you by Nanalyze, a media and research firm founded by finance professionals with decades of experience. We share insights about #DisruptiveTechnology #stocks in a language that is future-proof and easy to understand. Read all the Nanalyze Premium articles you'd like for free! Sign up for a 30-day trial of our monthly subscription with no strings attached: https://www.nanalyze.com/subscription... DISCLAIMER: Our content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, along with independently researching and verifying, any information contained within our YouTube videos or on our website, whether for the purpose of making an investment or otherwise. #wealthfront #charlesschwab #schwab #vanguard #roboadvisor