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I’ve been talking to wealth management firms and am truly underwhelmed. AFAICT, they charge 0.5%-1.35% for therapy and the chance to put you in high fee product

I’ve been talking to wealth management firms and am truly underwhelmed. AFAICT, they charge 0.5%-1.35% for therapy and the chance to put you in high fee products. Roboadvisors are a brilliant product for most people. In fact, a simple Boglehead portfolio is all you need. Most people have simple and similar risk profiles. The feature I think would be useful is how to manage taxes. Roth conversions, selling the right lot, qualified dividends, tax loss harvesting, etc. A related feature would be generating income while minimizing taxes, i.e. Schwab’s Intelligent Income.

yencabulator 1y ago
Betterment's roboadvisor has tax loss harvesting. It does the basics like selling the right lot; I'm not educated enough about finance to say what it's still missing (that would be easy for a bot to do). https://www.betterment.com/tax-loss-harvesting https://www.betterment.com/tax-loss-harvesting https://www.betterment.com/resources/tax-loss-harvesting-methodology https://www.betterment.com/resources/tax-loss-harvesting-met...