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by robbfitzsimmons
4027 days ago
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Really like this. Even the cheapest robo-advisors like Betterment charge 0.1-0.3% on top of the fund fees, which sounds small but eats into gains over time. However, I think the target audience is probably more likely individuals rather than financial advisors, unless you're going to be running it as a SaaS. I can't see the overlap of small advisory firms and those familiar with Vagrant. Will give it a poke with a few hundred dollars in Vanguard ETFs. |
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This ends up costing the advisor hundreds of thousands of dollars every year.
Or an advisor could pay someone like (future) you, who's familiar with Vagrant and knows the wealthbot platform inside-out, to implement wealthbot.io at her firm for a 1 time fee.
Seems like an easy choice :)