[toephu2]

Wealthfront is 3x (.25% vs .05%) more expensive than a lot of great Vanguard funds [1]. And with Wealthfront you might be investing in major index funds anyway except you end up paying more. Why not go with any of Vanguard's S&P 500 funds (mutual fund or ETF) or any other index fund of your choice under Vanguard? I doubt Wealthfront can beat their returns after you factor in cost in the long run (20+ years). Also Vanguard is owned and run by the shareholders, their entire structure is setup so that there is no conflict of interest and they really are on your side, since basically you are part of them when you invest [2]. Wealthfront is a corporation whose sole purpose is to turn a profit.

[1] https://personal.vanguard.com/us/funds/snapshot?FundIntExt=I...

[2] https://about.vanguard.com/what-sets-vanguard-apart/why-owne...

[n72]

Right, which is why for people who are comfortable working out asset allocation, rebalancing, and TLH for themselves I recommend they do it themselves with low cost index funds.