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Reply to "Schwab Intelligent Portfolios"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]What's so intelligent about them? [/quote] The intelligence is in their making you think the portfolio is intelligent :-)[/quote] Yeah. I'm just wondering what makes it better than a cheap index fund or ETF.[/quote] They want to keep/attract the millenials. The Intellingent portfolios are in response to services like Wealthfront and Betterment. They typically go through an online questionnaire and recommend allocation across multiple ETFs. provide auto-rebalancing, etc. Here's a rating of all such advisors - https://www.nerdwallet.com/blog/investing/best-robo-advisors/ [/quote]
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