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What's a robo advisor? Automated financial services, explained

04:48

A robo advisor is a low-cost digital, automated service that provides financial advice and recommends investments.

Here & Now's Scott Tong talks with Jill Schlesinger, CBS News business analyst and host of "Jill on Money," about how robo advisors work and if they're a good idea.

This segment aired on August 19, 2024.

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