FutureAdvisor Review

A low fee investment broker targeted at people looking to grow their savings over a longer period of time.

  • Editor Rating

  • Rated 4.5 stars
  • Outstanding
FutureAdvisor
  • 0/5 Avg. User Rating

  • Rated 0 stars
  • 0 No reviews yet!

  • FutureAdvisor
  • Reviewed by:
  • Published on:
  • Last modified: March 27, 2015
  • Execution
    Editor: 80%
  • Reliability
    Editor: 95%
  • Fees
    Editor: 95%
  • Support
    Editor: 95%

Review Summary:

All in all a low fees investment fee broker that is a great place to try and grow your savings in the market.

This broker is all about taking care of your future. With them it is possible to easily save for your retirement, your kid’s college, your dream house or something similarly expensive. You don’t actually save the money, but you invest it in ETFs (Electronically Traded Funds) that (in the past) have had a tendency to go up in value over the years. But you are in charge of what you want to invest your money in.

futureadvisors screenshot 1

Usually, more traditional places that offer these services will require you to pay a big yearly percentage over they money invested

Fees

Fees is probably the most important thing to look for if you are thinking of choosing a company like this. The fees need to be as low as possible. A good low fee is a 0.5% annual fee, like the one from Future Advisors. But you only pay for this if you want all the extra features. But these features are actually worth it and wil probably pay for themselves. Because of the “Automated Tax-Loss Harvesting” and “Tax-Efficient Portfolio Transition” the fees are either minimized or canceled out. Which is only positive for clients.

futureadvisors screenshot 2

The only extra fee will be the standard fee of ETFs, that are charged to anyone who buys an ETF regardless where or by who the purchase is done. This fee is usually 0.15%.

And the only thing standing in your way to grow your savings is the world wide market as a whole.

Features

They have to great packages. A free DIY package and a Premium package with a 0.5% annual fee.

Features for the DIY package, which is free:

  • Holistic Portfolio Analysis
  • Personalized Recommendations
  • Detailed Action Plan
  • Rebalancing Reminders
  • 401(k) Advice

Features for the Premium package, that will only cost you a 0.5% anual fee (which is great):

  • Tax-Efficient Portfolio Transition
  • Automated, Smart Rebalancing
  • Automated Tax-Loss Harvesting
  • Tax-Aware Portfolio Construction + Trading
  • Smart Cash Contributions
  • Access to Professional Financial Advisor
  • 401(k) Advice

Portfolio

And it is easy to build a balanced portfolio. It is as easy as setting some sliders with Futures Advisors. You can save with incremental monthly amounts or with one lump sum right from the start. It is up to you and your current financial situation.

futuresadvisor screenshot 3

All in all a low fees investment fee broker that is a great place to try and grow your savings in the market.

Pros

  • Low fees
  • Great online system and website

Cons

  • None that we could think of

Write a Review

Your email address will not be published. Required fields are marked *

CAPTCHA
Change the CAPTCHA code