busque

6 ms·

1.
by busque 10y ago
Fixed. Thank you.
2.
by busque 10y ago
Fixed, appreciate letting us know.
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by busque 10y ago
Yes really. In 2010 there were 27.9 million small businesses in the US. https://www.sba.gov/sites/default/files/FAQ_Sept_2012.pdf 401(k) is just the first product we launched, not our last. We are a retireme
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by busque 10y ago
The 0.13% is not paid to Guideline. The .10% is the average fund fee (the cost of the mutual fund from the manager, Vanguard for instance) and the .03% custodial charge that is a direct pass through for us. Not marked up in any way. It is i
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by busque 10y ago
Hi Roger, Please elaborate on the more comprehensive comment. We have all you mentioned and more without those excessive AUM fees. We don't outsource core functionality. Captain401k is not a recordkeeper. Your pricing structure also do
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by busque 10y ago
Correct, that's out direct custodian costs. We work hard every day to lower these costs. Custodial services do have value and are worth paying for.
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by busque 10y ago
We own this fund in spite of the fact that its main goal is tax efficiency (given that the efficiency is not needed in retirement accounts). Though the fund is outstanding for tax purposes, it also boasts low turnover, broad diversificatio
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by busque 10y ago
Actually, fund menu selection does not come up as much as you think... That being said, we are building the page right now and will post it soon!
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by busque 10y ago
Appreciate that feedback. We are really focussed on the product and have not spent enough time on the marketing site. I'll pass on this feedback for sure!
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by busque 10y ago
Correct. If fees are due to Guideline, we use them to pay down the .03 custodial fees. :)
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by busque 10y ago
Yes on Gusto ;)
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by busque 10y ago
This is not used anymore. Will update DNS, thanks.
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by busque 10y ago
Just want to be clear the funds are actually held at the custodian, not at Vanguard. That's why it is super important to have a well established Custodian. You can always rollover your funds in a qualified event to another employee spo
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by busque 10y ago
This is terrible. Email us at hello@guideline and we'll see if we can help with your employer.
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by busque 10y ago
Yeah, that's not the case for us. We do have Vanguard funds amongst other low-cost mutual funds. We also have our own investment committee which evaluates and adds funds as appropriate. We have no fund relationships and do not make com
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by busque 10y ago
This is a passed on fee, not charged by Guideline, not marked-up in anyway. We are just being transparent instead of wrapping it in the expense ratio like everyone else. It's very important to have an established custodian.
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by busque 10y ago
No secret sauce. We are a SaaS company, not an AUM fee based company. We are not a robo advisor. We focus on retirement, tax advantaged accounts not cash accounts. Compliance issues are perfect problems for computers to solve ;)
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by busque 10y ago
Yes, you are in fact misunderstanding the point. We don't wrap anything. We use the same Vanguard funds as you would find in a Vanguard plan. It's the exact same costs. We don't make money based on AUM fees. You're also
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by busque 10y ago
Actually, Vanguard is not less expensive. We use the same funds. You pay the same price for the funds in Guideline as you would if you bought them in a Vanguard plan. We don't make money on AUM, ever. We compete on being a full service
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by busque 10y ago
Incorrect info here. We are not trying to be the custodian in any way. It's actually quite important that the custodian is separate and that is why we did not bring that service in-house.
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by busque 10y ago
Hi I'm the CEO of Guideline. This is a common misconception. It's actually the topic for my next blog post. Target Date funds are just funds of funds. Your paying nearly twice the expense ratio for the same underlying funds. They
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by busque 10y ago
Hi, I'm the CEO of Guideline. I think you might have fallen into the same trap I did a few years ago. All 401(k) plans are not created equally, and it's not just about the fund menu etc. Vanguard for instance, is not a fiduciary.
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by busque 10y ago
Hi I'm the founder of Guideline. I just want to be clear in regards to Guideline pricing. There are no additional fees. We are 100% transparent.
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by busque 10y ago
Hi I'm the founder. The copy is not meant to focus on low prices, but rather low expense for the participant. I understand that might be coming through. You are correct on the custodian fee, that is a pass through and having a custodia
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by busque 10y ago
Thanks for your support. I'm the founder of Guideline, Kevin. I just want to be clear. The .03 custodian fees is not paid to Guideline. That is a direct Custodian cost. We work everyday to lower all participant fees. This is our primar
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by busque 10y ago
Thanks for the support. I'll get you a full list and have someone followup. Here is a quick screenshot of my customer portfolio so you can see some of the funds quickly. https://cloudup.com/c_kk6Zi5jC1
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by busque 10y ago
will fix. Thanks.