Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
If a robo-advisor went bust (unlikely), client assets will probably remain intact. Wealthfront custodies its assets with Apex Clearing. Betterment is itself a custodian like Schwab and Fidelity. Neither Betterment nor Wealthfront engage in any princ…
As fundalarm noted, this is mostly a problem in commission-based accounts. If the advisor is simply swapping funds wholesale every six months and collecting commissions each time, the client may be able to go after him for churning.
Unfortunately, …
BIV is not a very credit sensitive fund, but it has noticeably more credit exposure than the Barclays Agg. During the financial crisis the mutual fund lost more than the Agg and fell about as much as DODIX in the Q4 2008. The fund currently has abou…
PIMIX and DBLTX are fine complements. PIMIX tends to short long-duration Treasuries and owns more credit-like positions like non-agency RMBS and EM bonds. DBLTX tends to go long duration and mixes agency MBS with non-agency MBS. Both have had excell…
