The list > Future Advisor
Summary: FutureAdvisor is a Registered Investment Advisor that takes your existing investment accounts and will manage them for your. Using a simple and easy-to-use process, FutureAdvisor moves your investment account to TD Ameritrade of Fidelity for management. The company will also help you open up a new investment account if needed. Future Advisor appears to focus its marketing as more on a robo-advisor option for someone looking to switch from another advisor where they already have a managed account.
Offering: FutureAdvisor will manage investment accounts, retirement accounts, as well as 401(k)s from past employers. Their proprietary Recommendations Engine, along with their human investment team use Modern Portfolio Theory to create a well diversified portfolio based upon the individual clients risk profile. The firm uses 12 different ETFs from Vanguard, iShares, Pimco, and SPDR to diversify between asset classes. These ETFs vary depending upon if you invest at Fidelity or TD Ameritrade.
Fee: 0.5% of average annual assets, charged quarterly. Free first three months
Ranking: Please Stay Tuned for our upcoming rankings!
Review: We will include our review shortly! Please stay tuned for further updates!
Check out more articles written here at RoboRiches in our archives.
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.