Tag: Fidelity Go

Posted on September 9, 2020

  • Fidelity Spire is a new, free cash management app that is designed to help younger investors plan, save, and invest for their financial goals
  • Spire connects to Fidelity Go for seamless integration between saving and investing
  • Users can create short-term and long-term goals, prioritize them, and allocate funds accordingly
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Posted on August 21, 2020

  • Equity markets declined sharply in March giving robos an opportunity for timely rebalancing trades
  • Schwab, Wealthfront, Edelman, and more had notable rebalances from bonds to stocks during the lows
  • The juggernaut Vanguard and others did not rebalance during the entire six-month period
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Posted on August 10, 2020

Best Robo for Performance at a Low Cost

Winner: SigFig
Runner-Up: Axos Invest

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Posted on August 9, 2020

Ranked Top 3 for Best Overall Robo (Summer 2020 Robo Ranking)

Overview

Fidelity Go is a compelling robo advisor that ranks well across multiple categories. It benefits from a track record of strong performance, while also shining in the categories of financial planning and costs. Its website offers a set of tools that make planning accessible to all investors. Meanwhile, Fidelity Personal Planning & Advice is there for those with higher investable assets and whom would benefit from a financial advisor. Lastly, Fidelity Go’s portfolio is constructed entirely of proprietary Fidelity Flex mutual funds with have no expense ratio, which bring the total cost down to be a competitive offering.

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Posted on June 4, 2020

Overview:

The robo-advice industry has led the way in changing the financial services industry to benefit the average investor. Robo-advice attributes like accessibility, low cost, and low minimums have dramatically impacted the investment management space and are now branching out to other areas including cash management, banking services, and retirement income solutions. 

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Posted on June 3, 2020

The Emergence and Spread of Robo Advice

Robo advice as we know it today first emerged into the mainstream in 2008 when Betterment and Wealthfront were founded and later launched digitally managed portfolios with low fees and minimums. In 2015, Schwab launched its Schwab Intelligent Portfolios and Vanguard launched its Personal Advisor Services. Since then, robo-advice products have become ubiquitous among financial institutions. Here, we intend to take a look back at the industry, how its evolution is impacting individual investors, and what investors can expect next from these innovative products.

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