Edelman Financial Services
Summary: Edelman, one of the largest independent financial planning firms, offers a roboadvisory platform as we as traditional advisory services. While still the same fee schedule as the traditional business, Edelman Online allows the customer to get pure roboadvisory services without the need to speak to speak to someone live. Of course, you always have the option to speak to a web-based financial advisor.
Offering: Edelman offers financial planning and investment management services to individual and institutional clients. On the planning side, Edelman will help you in all areas of personal finance from college saving, retirement, and estate planning. On the investment management side, Edelman will created an asset allocation utilizing more than just Modern Portfolio Theory as they also integrate the Fama-French Three Factor Model as well as Behavioral Finance and Neuroeconomics to adjust for momentum and other non-efficiencies in the markets.
Fee: 2.00% on the first $150,000, down to 0.50% through $25,000,000.
Ranking: Please Stay Tuned for our upcoming rankings!
Review: We will include our review shortly! Please stay tuned for further updates!
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There are many roboadvisors to choose from; each with distinct characteristics and a wide variety of services offered. We break down the similarities and differences between these firms here at The List.