There are a number of brokers in the investment world that are offering free trading on the stock market. Why then would you pay anyone to manage your investments if you can get it all for free online? Added to this many investment houses offer automated trading platforms, so called robo-trading, that supposedly use algorithms and automated trading to optimize your portfolio and give you the best investment returns. Sounds appealing right? But what’s the catch?There is no such thing as a free lunch; an often used cliche but quite appropriate in this case. These free stock trading platforms which include companies like Robinhood, Schwab, E-Trade, TD Ameritrade and others. So what’s in it for them? Here are some of the ways these businesses make money by giving something away for free:
Alluvial Wealth is a Registered Investment Adviser, a fee based advisor registered under the 1940 Investment Advisers Act. We are not a Broker Dealer and therefore are not permitted to accept commissions or 12b-1 fees and we have a fiduciary standard which means we must always act solely in our client’s best interests. We never have custody of any client funds and clients are free to terminate our services at any time. Our role is to manage your portfolio and advise you on what investments to make. We also offer financial planning services. Our fees are based on the value or your portfolio, so if you do well, we do well.
At Alluvial Financial and Wealth Management we provide 4 Model Portfolio's for our clients to invest in. Allocations for one or a mixture of them is possible. Contact Us to discuss how e can help you.