Sentences with word «blooom»

The average blooom client could save over $ 60,000 in hidden fees over their working life.

All of the data quoted above is based on 5,668 survey responses from blooom prospects and clients collected on our website as of August 29, 2017.

Our clients have access to ask questions of blooom Financial Advisors via online chat and email.

With blooom managing and monitoring your account, you can relax knowing your nest egg is in expert hands.

With blooom managing and monitoring your account, you can relax knowing your nest egg is in expert hands.

Numbers as of 1/18/2018 - There is no guarantee blooom can or will reduce your fund expenses.

Thanks for visiting blooom from Credit Donkey.

We can not achieve in every case the average expense that other blooom users achieve.

When we calculate your cost - savings we use the average internal expense for the average blooom user's asset allocation as a baseline comparison.

That is, until they hired blooom.

When you put blooom to work on your 401k, you have the confidence that someone knows precisely what you're invested in and that it is ideal for your age and retirement horizon.

blooom achieved this milestone faster than Betterment and Wealthfront — and with less capital raised.

blooom charges no additional fees, e.g. no basis points, percentages or commissions, to its clients.

Based on blooom clients «average pre-blooom expense ratios and average post-blooom expense ratios as of April 30, 2018.

For $ 10 per month, blooom connects to a client's existing 401 (k) and optimizes the investment options against their goals and risk tolerance, all while looking to minimize the hidden fees found in many popular retirement investment products.

In 2015 Fast Company named blooom one of the most innovative companies in the world.

blooom counts Sheila Bair, past FDIC chair under two U.S. Presidents, as an advisor.

Along with partners Kevin Conard and Randy AufDerHeide, Costello founded blooom in 2013.

ESRAs managed by blooom may lose value.

Carrrington Interviews Blooom Founder Chris Costello about how blooom invests 401k accounts and common financial mistakes

Is your 401k bloooming?

** Based on median blooom client 401k balance of $ 43,310 assuming $ 5,000 annual contribution, pre-blooom investment expense ratio of 0.73 %, post-blooom investment expense ratio of 0.32 %, a 7 % gross annual return and 30 years until retirement as of 6/12/17.

Estimated account fees saved calculation based on a 7 % gross annual return and user inputs of current account balance, annual contributions, years until retirement and estimated expense ratio compared to 0.32 %, the average expense ratio blooom experiences for our clients as of May 16th, 2017.

blooom makes it easy, continuously investing your hard - earned savings in the optimal funds within your 401k — regardless of your account size.

Founded by a CFP, blooom uses a proprietary algorithm to actively manage and rebalance your account.

Or an outsider like blooom who charges a transparent, flat $ 10 a month and has no association with any of the funds in your 401k?

Except for one big problem, they often charge an annual fee half a percent higher than the funds blooom would invest you in.

Instead, blooom examines the hidden fees in every fund in your 401k and moves you to the lowest cost funds available in your plan and within your recommended allocation.

«Greg Smith is President of blooom, a financial technology company that fixes 401 (k)'s and 403 (b)'s as a fiduciary.»

You also elect to receive updates, newsletters and offers from blooom, inc..

There is no guarantee blooom can or will reduce your fund expenses.

Thanks for visiting blooom from one of our affiliate partners.

* ** Based on the May 2016 BLS.gov American's mean income of $ 49,630 / year of retirement and blooom clients» collective lifetime fees saved.

When you hire blooom we look at the expense ratio of every fund and put you in the lowest cost options for your proper allocation.

Put blooom to work on your account for $ 10 per month.

Priceless 401k help, financial advice and information about blooom.

We do have a marketing arrangement, paying our affiliate partners up to $ 70 if you enter into a paying relationship for advisory services with blooom.

LEAWOOD, Kan. — According to monthly Securities and Exchange Commission (SEC) ADV filings, blooom, inc. reached $ 1 billion in assets under management (AUM) faster than any other independent robo - advisor.

blooom's success demonstrates that the nation's hardest problems can be tackled by innovation from a company with values such as simplicity and transparency.

Since 2014, as part of its free product evaluation, blooom has analyzed the health of more than $ 2 billion of individual 401 (k) plan balances.

«We set out to build technology that would help people that Wall Street wouldn't,» said Chris Costello, CEO and co-founder, blooom.

blooom's mission is to make «do - it - for - you» financial advice available, simple and affordable, regardless of the client's account size.

blooom is a Registered Investment Adviser with the SEC, and aims to scale fiduciary best practices on low fees, and appropriate asset allocation and diversification, to millions of Americans who have no access to a financial advisor.

32 % of blooom clients were too conservative with their 401k portfolio before blooom, 15 % of blooom clients were too aggressive with their 401k portfolio before blooom as of April 30, 2018.

For free, blooom will analyze and assess a participant's 401 (k), 403 (b) or TSP plan.