Sentences with phrase «traditional financial advisors charge»

Betterment, its biggest competitor, offers a management fee as low as 0.15 per cent, so both are below the roughly two per cent most traditional financial advisors charge.

Not exact matches

Traditional wealth management companies such as Goldman, Bank Of America Merrill, and Citibank with physical offices around the world charge around 1 - 2 % of assets under management for financial advisors to actively manage their client's money.

A big part of the appeal of robo - advisors is that they charge less than the traditional 1 percent fee many financial advisors charge.

Traditional financial advisors and robo - advisors both tend to charge annual management fees.

In both cases, their fees are really low compared to traditional financial advisors, who can charge as much as 1.12 % for managing $ 100,000.

Although these fees are higher than some of their competition, they are still significantly lower than the fees charged by traditional financial advisors for managed accounts.

In both cases, their fees are really low compared to traditional financial advisors, who can charge as much as 1.12 % for managing $ 100,000.

Beyond traditional permanent insurance needs, the policy is so clear and flexible and liquid that some advisors are event considering using it as a place to deposit a modest lump sum for the client (for those who have the financial wherewithal to do so), simply to allow the interest to accumulate and be used to pay for the cost of insurance charges each year.