What fundamental differences exist between robo-advisors and traditional financial advisors regarding portfolio customization and tax optimization strategies?

Robo-advisors and traditional financial advisors differ significantly in portfolio customization and tax optimization. Robo-advisors offer limited portfolio customization, typically relying on algorithms and pre-defined asset allocation models based on a client's risk tolerance and investment goals. They often use a limited selection of ETFs or mutual funds to construct portfolios, offering standardized portfolios rather than highly tailored ones. Traditional financial ....