Robo-advice: A threat to advisors or investors?

Robo-advice is a relatively new development in financial advice. You might have seen online adverts; they pop up now and again (usually on certain social media sites) often offering a cheap and easy way to build an investment portfolio and meet your financial goals. The attraction is a fast, cheap advice process that can be completed from the comfort of your own home. In the past robo-advice has been billed as the future of financial advice, and a threat to the traditional advice process.