For Immediate Release | 4-9-19      
  Media Contact | Holly Ward      
  Direct | 602-542-3847      
  E-Mail |      

Investor Awareness Advisory on Robo-Advisers
Convenience can sometimes come at a cost - ask and verify

PHOENIX - The Arizona Corporation Commission today issued an investor awareness advisory providing information and resources to help investors better understand robo-advisers. The advisory discusses how robo-advisers work and things to consider when investing with a robo-adviser.

Easy-to-use smartphone apps and online portals make setting up an account with a robo-adviser convenient and quick, which is contributing to their increasing popularity. For those considering a robo-adviser, it is best to first ensure this type of service meets your short- and long-term investing needs.

Firms that offer robo-advisory services must be registered. Investors looking to utilize the convenience of robo-advisers to help them manage their portfolios should verify the investment firm's background, including registration status and possible disciplinary history with the Corporation Commission's Securities Division.

The full "Are You an Informed Investor?" advisory is available on the Commission's investor education website,, under Investor Alerts. Direct link:

Before making any financial decisions, ask questions, verify the answers with multiple sources, and contact the Arizona Corporation Commission's Investigator on Duty for background information by telephone at 602-542-0662 or by email,
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The Arizona Corporation Commission was established by the state's constitution to regulate public utilities and business incorporation. The Corporation Commission is Arizona's co-equal, fourth branch of government. The five Commissioners elected to the Corporation Commission oversee executive, legislative, and judicial proceedings on behalf of Arizonans when it comes to their water, electricity, telephone, and natural gas resources as well as the regulation of securities, pipeline, and railroad safety. To learn more about the Arizona Corporation Commission and its Commissioners, visit