Retirement Advisor: Convenience vs. Commitment
Fortune dubs Schwab’s new advisory offering, consisting of robo-allocation and unlimited access to a CFP, as a Netflix-style subscription model. It’s low-priced and attracting assets, but is it the right approach? This podcast (5:27) suggests that what is primarily at issue in the choice between a low-cost subscription service and higher-cost, more customized advice is a consumer choice between convenience and commitment. Learn more about your ad choices. Visit megaphone.fm/adchoices