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by Bricejm 4870 days ago
Founder/CEO TrustEgg - For most families the only option they have, or are using right now, are savings accounts which over time will lose to inflation. We offer a way for accounts to receive a market rate of return. As for pricing, an adviser based 529 plan is going to add an additional 1% to the management fee, or ~6% load on deposits.
1 comments

Your comment is very misleading. Families can invest in any of the same investments you do, directly via Fidelity or Vanguard, and save an enormous amount in fees. You may add value by being a nicer UI/wrapper around these existing services, but at least be honest about that and what your customers are paying for.
Founder/CEO - TrustEgg - We eliminate the minimums. To open a Vanguard 'Wellington Fund' account - you would need $3,000. Also when purchasing, or making a trade, you are usually going to pay a fee.
> Also when purchasing, or making a trade, you are usually going to pay a fee.

Obviously, when buying a Vanguard fund at a Vanguard account there is no fee