Can I set up automatic contributions to my investment account?

Legg Mason does offer options for setting up automatic contributions to investment accounts. Automatic contributions can be an effective way to consistently invest over time, assisting investors in growing their portfolios through dollar-cost averaging. By automating contributions, investors can ensure that a fixed amount of money is transferred into their investment account on a regular schedule, which could be monthly, bi-weekly, or another preferred frequency. To establish automatic contributions, investors typically need to provide their banking information and designate the amount and frequency for the transfers. It is advisable to check the current Legg Mason website for specific procedures and details on setting this up, as they may vary depending on the type of account. Additionally, it may help to review any associated fees or terms related to automatic contributions.