When you don't want to deal with the hassle of making sure exactly 45 % of your portfolio is large cap stocks or you have 15 % invested in international funds, using an automated portfolio from Betterment, Wealthfront, or Motif Investing give you diversification for
a very small management fee.
Who they're right for «For
very small investors, mutual funds can be great products,» says Gordon Stockman, a
fee - only financial planner with Efficient Wealth
Management Inc. in Mississauga, Ont.
1) Instantly Vested 2) Matched 100 % to 6 % of your salary 3) Have «Investment
Management Fees» of 0.9 % (I can't seem to find if this is the total fees, or if it's on top of other fees) 4) Offer a very small selection of 5 funds (Money Market, Bonds, Balanced, Canadian Equity, and Global Equi
Fees» of 0.9 % (I can't seem to find if this is the total
fees, or if it's on top of other fees) 4) Offer a very small selection of 5 funds (Money Market, Bonds, Balanced, Canadian Equity, and Global Equi
fees, or if it's on top of other
fees) 4) Offer a very small selection of 5 funds (Money Market, Bonds, Balanced, Canadian Equity, and Global Equi
fees) 4) Offer a
very small selection of 5 funds (Money Market, Bonds, Balanced, Canadian Equity, and Global Equity).
Also,
fees and expenses are
very large at that level of investment
management because you would be wealthy but still
very small from an HNWI perspective.