Asset Management – Client Segmentation (Part 3 of 4)
Tom Spencer
JUNE 1, 2019
For passive investing, Blackrock and Vanguard are able to get costs very low due to their scale and skill in replicating a benchmark index. Robo-advisors such as Wealthfront and Betterment charge fees based on money managed – the robo-advisors automatically rebalance portfolios which are constructed with low fee ETFs.
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