We don’t really have a minimum, and this is made easier because automation allows us to easily scale across many client accounts. Robo-advisors have scaled with billions of dollars in ETFs so I’d say the theoretical maximum is fairly high. I’d say a good minimum is $1,000 for U.S. clients in order to generate a diversified portfolio and $10,000 for international clients because of Interactive Brokers’ account minimum (only $3,000 for those under 25). We’re actively exploring partnerships with additional brokers and looking into features such as fractional share investing. I believe that we’re well suited to manage accounts that are in the tens of thousands to millions of dollars range. At that level all of the strategies we have can scale and for accounts with trading commissions, trading commissions become negligible.
What’s the range for amounts of money that are most appropriate for you to manage?
We don’t really have a minimum, and this is made easier because automation allows us to easily scale across many client accounts. Robo-advisors have scaled with billions of dollars in ETFs so I’d say the theoretical maximum is fairly high. I’d say a good minimum is $1,000 for U.S. clients in order to generate a diversified portfolio and $10,000 for international clients because of Interactive Brokers’ account minimum (only $3,000 for those under 25). We’re actively exploring partnerships with additional brokers and looking into features such as fractional share investing. I believe that we’re well suited to manage accounts that are in the tens of thousands to millions of dollars range. At that level all of the strategies we have can scale and for accounts with trading commissions, trading commissions become negligible.