Re:UBS Acquires Wealthfront for $1.4B
by thesausageking on Thursday January 27, 2022 @10:49AM
(#30101963)
Rebalancing is really not that hard. If you have $500k in savings, it's definitely not worth paying $1250 for it and end up being locked into a platform that's hard to leave.
In addition, Wealthfront doesn't know about all of my other holdings (house, angel investments, crypto, ...), so isn't going to do as good as I can.
If your allocation percentages remain very stable, you might not need to rebalance at all at the end of a quarter. If your allocations fall way out of whack, you might want to rebalance a portion of your portfolio earlier, and robos handle that timing for you.
I'd be surprised if the better timing doesn't provide 0.25% of value, not to mention it's just one less thing to have to think about.