The Recession Generation: How Millennials Are Changing Money Management Forever
By Samantha Sharf
Betterment has a more authentic pedigree for its audience.
It allocates their money across 13 low-cost stock and bond ETFs based on an investor’s age, goals (emergency fund or retirement) and type of account (taxable or IRA). The fee ranges from 0.35% of assets down to 0.15%. “ We are the leaders of a movement that now has a sense of inevitability about it that it didn’t four years ago,” says Stein.
You can view the complete article in the August 18, 2014 print issue.Read the Original Article
This article originally published July 30th, 2014 on Forbes