Goals- based investing is a more “client-centric” process that is focused on measuring progress towards your goals rather than a focus on generating the highest possible return or “beating the market”. The process requires investor involvement because you determine your desired tangible outcome and then...
The true value of the dollars in your retirement or investment accounts heavily depends on their location, namely what type of account it is and the tax structure of the account. You may think that a dollar is a dollar but the truth is that...
What is Two-Factor Authentication? Two-Factor Authentication is an added level of security to protect your account from theft. With this additional level of security, you’ll be required to enter a unique verification code either from a mobile authenticator application, such as Authy or Google Authenticator, or...
How MyRoboAdviser™ Calculates Your Performance Return: What is a Time-Weighted Return? Time-weighted rate of return is a measure of the compound rate of growth of a portfolio. It is often the preferred measure of a portfolio’s return over dollar-weighted return, because it eliminates the distorting effects on...
What is a Roth Conversion? A Roth conversion is the process when you convert your Traditional IRA to a Roth IRA. You generally will have to pay ordinary Income taxes on the amount that is being converted into a Roth IRA but doing so will allow...
What is SmartDeposit? Smart deposit is an automated cash investment tool that helps you optimize the amount you invest with the amount of cash you hold in your checking account with which you use to pay bills. This enables you to maximize your investments as well...
When you open an account and set up a goal with My Robo Adviser™, a portfolio allocation is recommended to you based upon the personal goal that you established. Each portfolio, or model is comprised of up to 18 exchange-traded funds (ETFs). My Robo Adviser uses...