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@BillWinterberg @daniel_egan @MichaelKitces Long time listener first time caller 😉. I was actually going to mention that—Betterment (and others) seem happy to give their high-level asset allocations and fund/implementation picks… clearly they don’t think that’s what they’re really selling.
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@BillWinterberg @daniel_egan @MichaelKitces Tbc I don’t have a strong opinion on whether/when the robos offer enough value to cover their fees. But I don’t think the argument that folks can do this themselves cheaper directly at eg Vanguard is a slam dunk. Key thing is my “may” (as in Bill’s “YMMV”).