Has anyone used Betterment premium? It’s like regular Betterment but with .4% fee instead of .25% and a 100,000 min deposit. It comes with a CFP to help with financial planning and such...

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... I just inherited ~150k and think my own decisions in Robinhood might be a bit too risky

If you prefer to use actively managed investments and using an advisor, then please make sure the advisor is fiduciary, meaning they have your best interests and looking to line their own pockets with sales incentives and higher managed fees compared to other investments. You will have several “advisors” trying to up sell you or shift your investments in vehicles in their best interest. To each their own, but I self manage my taxable investments in a “lazy portfolio” meaning 3-4 index funds each representing a segment (e.g., us or s&p500, global, bonds). They typically have lower fees which can add up overtime with compounding.

.4% seems kind of high to me. Do you think their picks would prefer so much better to out weight the fee? I don't have the answer, but definitely a point to consider.

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Hi guys 👋🏻
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