Other EAs in finance have noted trustworthy people and good evidence-based advice is hard to come by, there are EA specific considerations for investing, and quality people/firms often extract a lot of the value for themselves. This could make high quality EA financial advice and investment management a non-trivial inconvenience. Betterment and Wealthfront cover a fraction of financial services—basic passive investing—and while they’re cheap, their performance is subpar, very much so compared to our passive and active strategies and passive strategies in general. High quality investment management is hard to get. For someone looking to donate appreciated securities with Betterment/Wealthfront they’re probably out of luck.
Other EAs in finance have noted trustworthy people and good evidence-based advice is hard to come by, there are EA specific considerations for investing, and quality people/firms often extract a lot of the value for themselves. This could make high quality EA financial advice and investment management a non-trivial inconvenience. Betterment and Wealthfront cover a fraction of financial services—basic passive investing—and while they’re cheap, their performance is subpar, very much so compared to our passive and active strategies and passive strategies in general. High quality investment management is hard to get. For someone looking to donate appreciated securities with Betterment/Wealthfront they’re probably out of luck.