Axos Invest: Revolutionizing Investment with Managed Portfolios
Axos Invest is a leading provider of investment solutions, specializing in Managed Portfolios. These portfolios are designed to meet the diverse needs of investors, offering a range of benefits that set it apart from traditional investment options.
Core Features
One of the standout features of Axos Invest's Managed Portfolios is the low management fees. At just 0.24% annual advisory fee, it offers a cost-effective alternative to many traditional advisors who charge a significantly higher 1.0% annual advisory fee. This means more of your money is working for you, allowing for greater potential returns on your investment.
Another key feature is the easy setup process. Whether you're a seasoned investor or new to the world of investing, Axos Invest makes it simple to get started. The platform also offers personalized goal setting, taking into account your time horizon, desired level of risk, and potential return. This ensures that your investment portfolio is tailored to your specific needs and goals.
In addition, Axos Invest provides access to IRAs, opening up additional opportunities for retirement planning. And with no previous investing experience necessary, it's accessible to a wide range of investors.
Basic Usage
When you create an Axos Invest account, the platform recommends an investment portfolio that optimally weighs your various factors. It doesn't stop there - the portfolios are also adaptable. When you update your information or goals, the portfolio is adjusted to help you stay on track towards your objectives.
Investing is all about planning for the future, and Axos Invest makes it easy to do just that. Simply log in to your Managed Portfolios account to stay informed about your progress and make adjustments as needed. You can also review your risk tolerance, personal information, or timeline to ensure your investment strategy remains in line with your goals.
Whether you're planning for a short-term goal like a vacation or a long-term goal like retirement, Axos Invest can guide you. It helps you set up an investment strategy and determine how much you can save for retirement, whether in an individual automated investment account or a Traditional or Roth IRA.
In conclusion, Axos Invest's Managed Portfolios offer a comprehensive and user-friendly investment solution. With its low fees, easy setup, personalized goal setting, and adaptability, it's a great choice for investors looking to build a better financial future.