What fees or costs are associated with using SigFig.com?
SigFig.com offers a range of services, and the fees or costs associated depend on the specific services utilized. For their basic portfolio management service, the platform charges a low annual fee of 0.25% of the assets under management. This fee covers professional portfolio management, account rebalancing, tax-efficient strategies, and access to their online dashboard and mobile app. Additionally, there may be underlying fund expenses associated with the investment vehicles held within the portfolio, such as ETFs. These expenses typically range from 0.04% to 0.14% and are charged by the fund companies directly. It's important to note that SigFig.com does not charge any trading fees or commissions. Overall, SigFig.com aims to provide transparent and competitive pricing, ensuring that investors can access comprehensive investment management at an affordable cost.
Answered Nov 2, 2023
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