We examine how robo-advisors have evolved over the past decade to determine if their services justify the fees they charge. Topics covered include: Show Notes The Tax Benefits of Direct Indexing, and How They Are Affected by the Biden Tax Plan by Nathan Sosner et al.—SSRN An Empirical Evaluation of Tax-Loss Harvesting Alpha by Shomesh Chaudhuri et al.—SSRN Episode Sponsors Related Episodes 398: When Should You Hire An Investment Advisor? Two Case Studies 92: … [Read more...]
398: When Should You Hire An Investment Advisor? Two Case Studies
We analyze two listeners' portfolios. One who is close to retirement and considering hiring an outside money manager. The second is 45 and just sold a business and is trying to decide whether to fire Schwab's robo-advisor service and manage his portfolio on his own. Topics covered include: What elements are part of a financial planWhat to consider when researching an investment advisorWhat is a core-satellite investment approachWhy Schwab was fined $180 million for misleading its clients … [Read more...]
181 Plus: Enhanced CAPE, Risk Parity, A New Roboadvisor and the Thrift Savings Plan
This week November 18, 2017 on Money For the Rest of Us Plus, we review the Doubleline Shiller Enhanced CAPE strategy, risk parity strategies and a new roboadvisor based on ethical screens. We also look at replicating the model portfolios using the available funds in the Federal Thrift Savings Plan. … [Read more...]
MNY119 Plus: Municipal Bonds, RoboAdvisors and Market Losses
This week on Money For the Rest of Us Plus we look at the different recommendations a member received from three roboadvisors and how they compare to the Hub's model portfolios. We also look at how long it takes various asset classes to get back to even after they suffer a maximum drawdown. Finally, we explore how to evaluate municipal bonds on a tax equivalent yield basis. The episode length is 20 minutes. … [Read more...]
92: What Robo-Advisors Recommend
How do the leading roboadvisors compare in terms of their recommended portfolio mixes, fees, expected returns and risk. In this episode you'll learn: What is a robo-advisor.What are the hallmarks of a disruptive technology.What portfolio mix do robo-advisors recommend.What fees do robo-advisors charge.What is tax loss harvesting. Show Notes Betterment FutureAdvisor Schwab Intelligent Portfolios Wealthfront Innovator's Dilemma by Clayton Christiansen The Tax … [Read more...]
