Buying individual stocks in proportion to the market-cap index is possible today as a service, and advertised by Wealthfront as "direct indexing" or stock-level

Buying individual stocks in proportion to the market-cap index is possible today as a service, and advertised by Wealthfront as "direct indexing" or stock-level tax-loss harvesting The small tax advantage is that you can sell individual stocks for tax-loss harvesting. Fisher advisors also offers this for HNW folks. This article criticizes this as a lock-in for wealthfront, unlike funds which can be easily transferred to brokerage "in-kind" (without 500 separate securities, or selling as a taxable event) * https://medium.com/@wwalser/the-trap-of-wealthfronts-direct-indexing-eab462f908c6 https://medium.com/@wwalser/the-trap-of-wealthfronts-direct-... RIP Bogle, making the world a fairer place rather than being a billionaire. I'd like to bike from Philadelphia to Valley Forge again to make pilgrimage.