What is Personal Capital?
Personal Capital is an online financial management service that was founded in 2009. It is a hybrid of a robo-advisor and a personal financial management platform. It helps you manage your investments, budgeting, and retirement planning. It also provides advice and guidance on investment decisions. The service is free to use, although there is a premium version that offers more advanced features.
What Do People Say About Personal Capital?
Personal Capital has been praised by many users for its easy-to-use interface and wide range of features. It has also been praised for its low fees compared to other services. However, there are some criticisms of the service. Some users have complained that the customer service can be slow to respond. Others have complained about the lack of personalized advice.
What Are the Fees for Personal Capital?
Personal Capital charges a fee for its premium service, which is 1.00% of assets under management. This fee is lower than many other robo-advisors. The fees are calculated based on the total amount of assets under management, so the more you have invested with Personal Capital, the more you will pay in fees.
Is Personal Capital Worth It?
Personal Capital is a great option for anyone looking to manage their finances and investments. It offers a wide range of features, and the fees are lower than many other services. However, it is important to remember that no financial service is perfect, and you should always do your own research before making any investment decisions.
Conclusion
Personal Capital is a great option for anyone looking to manage their finances and investments. It has a wide range of features, and the fees are relatively low compared to other services. However, it is important to remember that no financial service is perfect, and you should always do your own research before making any investment decisions.
