The perfect balance between 'do it yourself' and 'let the pros decide'
You have a bit of work to do yourself, but it offers extraordinary value for the price. We don't have 'custody' of your money nor manage it as an 'investment advisor'.
This allows saving on numerous compliance requirements, which in turns makes Zenvestment more affordable to you. Traditional Advisors often charge over 1% just to cover compliance costs, which are redundant anyhow because your cash and securities are already at a Broker/Dealer, himself with stringer compliance requirements. If you invest $50K and have to make 4 trades per year with Zenvestment, that's 4 times 2 minutes that saves you $500. Said otherwise, you have to work a little, but at an equivalent rate of $3,750 per hour!
An added benefit is that is makes your investments safer and more flexible. We don't "own" your money. We can't lie on your returns or run away with your cash. If you want to stop using Zenvestment, you don't have to write us a letter to get your money back. If you feel like buying some specific stock aside your usual portfolio, you don't need to ask our permission.
You'll need an account at an online broker, such as RobinHood, Schwab, TD Ameritrade, etc... Your current bank should also do it.
Choose the model that suits your geography and portfolio size. Based on its sophistication, susbscription prices go from $0 to $49.95 per month.
You will receive an update every Wednesday. Most of the time, you won't have anything to do. If our model indicates you should change your positions, we'll show the exact instructions. For instance "Action Prescribed: Sell all your VTI and buy AGG instead".
That's it. All your statements, tax report, etc, will be handled by your broker.