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A comment on UBS Acquires Wealthfront for $1.4B. Parent comment

Re:UBS Acquires Wealthfront for $1.4B by xur17 on Wednesday January 26, 2022 @02:19PM (#30090364)
Agreed. To me target date retirement funds honestly make more sense for most people.
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Re:UBS Acquires Wealthfront for $1.4B by tinalumfoil on Wednesday January 26, 2022 @03:55PM (#30091684)
I'm not sure about that. Targets funds fees are generally a percent not flat, you have less control over your money (which if you're doing a robo-advisor you probably have somewhat bespoke investing requirements) and they only make sense for tax-advantaged accounts (see [1]).

Plus, people invest for reasons other than dated retirement targets.

[1]: https://www.wsj.com/articles/vanguard-target-retirement-tax-...

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