THEO Robo-advisor

It has begun


Just got the email notifying me that my account is fully operational. It looks good!

​We’ll see how it goes over the next few months.

2 Responses

  1. Doesn’t the 1% fee seem pretty high? I like the idea but that’s going to be a real drag on any returns…

  2. Hi Osakaian
    A 1% is high, especially for a robo-advisor. Compared to the US ones (Wealthfront and Betterment), THEO charges three times as much for a more limited service (I don’t think they do tax-loss harvesting).
    However, so far it is a very easy way to get started. If you are hoping to invest small amounts monthly this can be cheaper than going through an online broker as the commissions are not fixed amounts.
    Also the rebalancing is all done within the account.
    If you sign up now the fee for the first million yen is 500 yen this year.
    I’m going to try the account and see how it goes. Of course, I’ll be writing about any developments here!