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This year's Presidential election is the toughest one I've ever voted in. My dilemma is that I don't like either of the major pa...

Friday, January 25, 2013

Low Cost Portfolio Management

Finding Investment Advice for More Modest Retirement Investments reports on new services being offered to create ETF portfolios which are then periodically adjusted.  The costs range from $150 for self-service to 0.25% to 1.0% of assets for a managed account.

The article shares three companies:
  1. Rebalance IRA
  2. Wealthfront
  3. Betterment
Although I haven't looked into these investment options in much detail, the lower costs ($150 or 0.25%) for the service provided make them very attractive.    For now, I will continue to consider building my own portfolio with commission free ETFs.  In addition, I may put money with a managed account that uses a wider range of ETFs than I can access through commission free trades.

Disclosure: No compensation was received for writing this article.

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This is not financial, retirement or investment  advice. Please consult a professional advisor.

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