Everyone deserves an opportunity to invest well.
That's why I started creating VestoryOne almost three years ago. Until your portfolio grew to $250,000 or more you were either forced to work with commissioned stockbrokers and insurance agents or you were relegated to going it alone with a confusing array of no-load funds (many of which cost more than fee-only advisors). If you've listened to me on the radio for any time at all, you know I hate the idea of throwing anyone to the financial wolves, so, back in 2011, I started looking for a way to provide high-quality, scientifically-based, fee-only investment advice to smaller investors.
After all manner of fits and starts, trial and error, and a fair number of dead ends, my dreams and the technology to realize them have finally come together in the form of a brand new investing service, VestoryOne. We opened to the public last weekend and you are invited to one of the first to try it out at GrowRightHere.com.
I am very proud of what we have accomplished and I am looking forward to your feedback. You start your journey by creating your personal risk profile based on the pioneering risk assessment research of Dr. Ruth Lytton at Virginia Tech and Dr. John Grable at the University of Georgia.
From there you are invited to set financial goals to build a future plan or plans (for different purposes) and our carefully crafted computer algorithm creates a globally diversified portfolio of the best and least expensive exchange traded funds, based of your risk and needs profile.
At this point you can activate your account anytime and fund it through bank debits or account transfer to our custodian, TD Ameritrade. Once your account is established your personal advisor (initially, that will be me) will welcome you and contact your regularly with important news and updates. Along the way, we will totally manage your portfolio and track your progress; rebalancing as needed and guiding you through the frightening market gyrations.
Unlike pure computer investment services, you will always have a real live investment advisor managing your portfolio, and available for needed consultations. Yet, we never buy or sell financial products and do not receive commissions or kickbacks of any kind. You only pay a flat monthly fee of 0.0075% ($7.50 per $10,000 invested) plus the tiny expenses of the ETFs we use. Our total annual fees and expenses are less than those charged by the average no-load actively managed mutual fund (1.03% to 1.20%).
Even if you never open an account, you will find valuable information at VestoryOne. If you do nothing else take the free risk survey. There is no obligation or nor will there ever be any high-pressure sales pitch.
I believe that this is one of the best steps you can take on the path to a really great future. Please feel free to contact me with your questions and comments. VestoryOne is a work in progress and, like your future wealth, we plan to make it keep growing from here.