Sign up FAST! Login

Financial Planning Online

Stashed in:

To save this post, select a stash from drop-down menu or type in a new one:

Before paying for a financial advisor...  Check these out...

A group of mostly startup companies—including Wealthfront Inc., Personal Capital Corp., Jemstep Inc. and FutureAdvisor—now offer services that use computer algorithms to suggest and in some cases oversee portfolios of exchange-traded funds and mutual funds at a lower cost than hiring a financial adviser to meet with you one-on-one.

It's hard to trust a startup with money when they have no long track record.

That said, most financial advisers are not worth the money they cost, either.

You May Also Like: