Overview of Marcus Invest Robo-Advisor Services and Fees

Marcus Invest, a robo-advisor platform, is revolutionizing the way individuals invest their money. By utilizing a series of questions to assess clients’ risk tolerance and goals, Marcus Invest is able to allocate capital into a tailored portfolio of ETFs. These investment portfolios are monitored daily and automatically rebalanced to ensure they align with each client’s investment objectives.

One of the standout features of Marcus Invest is its $0 minimum initial investment requirement, making it accessible to a wide range of investors. This puts Marcus Invest in line with other robo-advisors that have similarly low or nonexistent minimum initial investment requirements. However, clients will need at least $5 to purchase an investment.

In terms of services offered, Marcus Invest provides automated investment portfolios that cater to different risk levels. Clients can choose from three investment strategies – Core, Impact, or Smart Beta – based on their personal preferences. Unlike some robo-advisors, Marcus Invest does not offer investment or personal financial advice by human advisors.

When it comes to pricing and fees, Marcus Invest charges an annual advisory fee of 0.25% based on assets under management. This fee is calculated based on the average daily value of assets in the account and is charged at the end of each quarter. Additionally, the underlying ETFs in the portfolios have small annual management fees, but Marcus Invest applies a credit against the management fees for any Goldman Sachs ETFs held in the portfolios.

Overall, Marcus Invest is providing a user-friendly and cost-effective way for individuals to invest their money and achieve their financial goals. With its personalized approach to investing and low fees, Marcus Invest is quickly becoming a popular choice for those looking to grow their wealth through automated investment portfolios.