6 ms·
A couple things I don't see on here: -Robo-advisory and asset allocation stuff, like Betterment, Wealthfront, and Personal Capital -They mention API companies,
by acjohnson55 7y ago
A couple things I don't see on here:
-Robo-advisory and asset allocation stuff, like Betterment, Wealthfront, and Personal Capital
-They mention API companies, but don't have Plaid and Yodlee, which enable a lot of consumer fintech.
- chasedehan 7y agoThose robo-advisors definitely shook things up, but it seems like the giants (Schwab, Fidelity, etc) have rolled out their own in order to compete. It actually is now a really competitive landscape where the incumbents can offer additional support for a fee which Betterment and Wealthfront aren't able. And a lot of people get comfort from knowing that they can pick up the phone and call someone. Note: I'm not in that camp, I have multiple Wealthfront accounts (Investment, IRA, and child's accounts) and am really happy with it, but I don't need or want to ask anyone questions about my asset allocation