We examine how robo-advisors have evolved over the past decade to determine if their services justify the fees they charge.

Topics covered include:

• How large are the top 5 robo-advisors
• Robo-advisor fees
• Robo-advisor holdings
• Why robo-advisors are turning toward direct indexing for tax loss harvesting
• How much excess return does tax loss harvesting generate
• Who can benefit from using robo-advisors

Sponsors

Asset Camp

LinkedIn Jobs – Use this link to post your job for free on LinkedIn Jobs

Insiders Guide Email Newsletter

Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter

Our Premium Products

Asset Camp

Money for the Rest of Us Plus

Show Notes

The Tax Benefits of Direct Indexing, and How They Are Affected by the Biden Tax Plan by Nathan Sosner et al.—SSRN

An Empirical Evaluation of Tax-Loss Harvesting Alpha by Shomesh Chaudhuri et al.—SSRN

Related Episodes

398: When Should You Hire An Investment Advisor? Two Case Studies

92: What Robo-Advisors Recommend

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

How our spending, investing, and life strategy change as our net worth grows. We consider how skill, luck, discipline, relationships, and AI can allow us to ascend and, in some cases, descend the wealth ladder.

Sponsors

NetSuite

LinkedIn Jobs – Use this link to post your job for free on LinkedIn Jobs

Insiders Guide Email Newsletter

Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter

Our Premium Products

Asset Camp

Money for the Rest of Us Plus

Show Notes

Of Dollars and Data - Nick Maggiulli

The Wealth Ladder by Nick Maggiulli

Ritzholz Wealth Management

Related Episodes

461: How Much Should Your Net Worth Grow Each Year?

252: How to Become Wealthy

119: Investing Won't Make You Rich

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Circle Invest, one of the leading stablecoin providers, just went public, and its stock price has tripled. We delve into the growth of stablecoins, their applications, and the associated risks. We also discuss the surprising political pushback against central bank digital currencies.

Episode Sponsors

Delete Me – Use code David20 to get 20% off

NetSuite

Insiders Guide Email Newsletter

Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter

Our Premium Products

Asset Camp

Money for the Rest of Us Plus

Show Notes

Top Stablecoin Tokens by Market Capitalization—CoinMarketCap

Runs and Flights to Safety: Are Stablecoins the New Money Market Funds? by Kenechukwu Anadu et al—New York Fed

Amendment No. 3 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933—SEC

Why Crypto Stablecoins Still Worry the Fed by Olga Kharif and Yueqi Yang—Bloomberg

Central Bank Digital Currency Tracker—Atlantic Council

STRENGTHENING AMERICAN LEADERSHIP IN DIGITAL FINANCIAL TECHNOLOGY—The White House

Stablecoins and monetary sovereignty: the ball is in Europe’s court by Ignazio Angeloni—The Financial Times

Related Episodes

488: Should You Invest in an Ethereum ETF?

424: Are More Bank Runs Coming? The Collapse of Silicon Valley Bank

387: Why Most Money Fails

373: Are Stablecoins Safe? Should You Own Them?

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.