1. In the article Robo-Advisors Want to Automate Your Retirement. Heres What Theyre Offering, the author outlines the many benefits offered by robos to retirees. Required: List and describe 3 ways in which retirees are well-served by robos. Note: this is a US article, so there are references to savings accounts and government programs that may be unfamiliar to you. For instance, The Cares Act is federal healthcare legislation designed to expand the provision of healthcare. A 401K is an employer-sponsored retirement savings account. Social security is the government pension system (e.g. CPP and OAS)

2. Read, Millennials Need Hybrid Advice and answer the following questions:

a. Explain 2 reasons why in-person advice is still valuable.

b. Explain 2 ways in which automation enables advisors to improve the value of their service

3. Compare and contrast the Ameritrade (discount brokerage) and Wealthsimple (robo-advisory) ads in the slide deck. a. What are 3 differences in the key messages?