Wondering if anyone has had much experience with any of the online only brokerages such as Motif, Folio, Betterment or Wealthfront? Based on my limited knowledge it would appear that the returns from these firms are certainly as good or better than the standard brokerage firms and much less expensive. Any good or bad info re these type of institutions or smarter investment strategies (very broad I know) would be appreciated. Thanks
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Answers & Comments
Scottrade, e-Trade, TD Amertirade.
I am not sure how they can be "much less expensive". Fidelity charges $7.95 per trade.