More and more people are concerned about their financial security and stability in the present and in the future. But not everyone is financially savvy. It is a good thing that there are companies that are there to help normal Joes like you and me manage our finances in a way that is easy to understand and grasp. Here are the best investment firms according to popularity.
Betterment provides investment advice online. Their promise is to help you “make the most out of your money.” They are able to do that because they ask you about your situation, your preferences, and your objectives. Once they understand where you are at and where you want to be and want to do, they offer a personalized investment plan, and using their tech, they monitor your progress. They are quick to adjust if you are a newbie or an expert or somewhere in between.
The service does not come for free but fees are quite affordable.
Vanguard helps newbies and experts in investing money and they do it transparently. You can access your account online anytime. What puts it ahead is their costs and fees, which are the lowest in this sector. They pride themselves in letting the user keep most of the money they earn by not charging high fees for managing financial portfolios.
With Vanguard, depending on your goals and preferences, you can prepare for your retirement, for that college fund, try out investing and trading, set up a savings or an emergency fund, or even ready that inheritance.
Fidelity is one of the biggest investment firms based in the US. It is considered as a “one-stop shop” for all your financial and investment needs. They offer the same services as other investment brokerage firms. They cater to individuals with no experience and to experts. It’s edge over its competitors is the wide range of services and offerings.
Not only that, they publish financial articles that are accessible to the public if you want to know more about IRAs, taxes, and stuff. And they offer perks, like the one in partnership with American Express. It is a plus that their rates and fees are also comparable to Vanguard and can actually be lower.