Plan d investments is a unique investment platform that offers automated account management paired with human financial advising. With its robo-advisor technology and dedicated financial planners, Plan d investments aims to make investing more accessible and affordable. This article will provide an in-depth review of Plan d investments, analyzing its key features, fees, investment strategy, and customer service. We will objectively examine the pros and cons of Plan d investments to help investors determine if it is the right choice for their needs. The review will look at how Plan d investments stacks up against competitors and outline who can benefit most from using it.
Plan d investments uses advanced algorithms and AI for automated investing
One of the core features that sets Plan d investments apart is its use of sophisticated robo-advisor technology for automated account management and investing. After answering questions about their goals and risk tolerance, investors are matched to a personalized portfolio of low-cost ETFs. Advanced algorithms take over managing the portfolio, automatically rebalancing and optimizing it over time. This robo-investing approach aims to provide quality investment management at a fraction of the cost of traditional human financial advisors. It also takes the emotion out of investing and ensures disciplined account management 24/7.
Access to human advisors provides guidance and financial planning
While Plan d investments relies heavily on robo-advisor technology, it also grants investors access to human financial planners. The technology handles the day-to-day investing activities, but advisors are available to provide guidance on financial planning issues like managing debt, saving for education, retirement planning, and more. Phone and online chat access to advisors is included in the standard pricing. This hybrid approach combines the precision and cost benefits of robo-advisors with the personalized advice of a human advisor.
Fees are very competitive compared to traditional advisor fees
Plan d investments aims to offer financial advisor services to those who can’t afford traditional, human-only advising. Their tiered fee structure ranges from 0.25% to 0.40% based on account size. This is extremely competitive with traditional advisors who often charge 1% or more. While DIY robo-advisors can be cheaper, Plan d investments provides advisor access and automatic tax-loss harvesting that help justify the small management fee. The expense ratios of the ETFs used are also very low. For accounts under $100k, the 0.40% fee is reasonable for the hybrid robo-plus-human service.
The investment strategy is sound but relatively simple
The Plan d investments investment strategy relies on broadly diversified, low-cost ETFs, primarily from Vanguard. Portfolios are allocated among stocks and bonds based on an investor’s risk score. The equity allocations target global diversification across market caps, sectors, and regions. The fixed income side focuses on short-to-intermediate term, high-quality bonds. It’s a sound strategy based on accepted asset allocation principles, but is relatively simple compared to some robo-advisors. Unlike Betterment or Wealthfront, there are no options for factor-based investing or alternative asset classes.
Customer service is a highlight with quick response times
In terms of customer service, Plan d investments stands out with quick response times and knowledgeable support staff. Many reviews point to fast, high-quality interactions with the advisor team via phone and online chat. The Plan d investments website and mobile app also provide an excellent user experience. This combination of strong technology and client service makes the platform very user-friendly for beginners, which is a key target market.
Ideal for new investors who want affordable advisor access
Overall, Plan d investments is ideal for new investors who want low-cost access to human financial advising. The hybrid robo-advisor approach provides complete investment management and financial planning for a very competitive 0.25-0.40% fee. Hands-off investors who don’t require advanced strategies may appreciate the simplicity. However, DIY investors and those with complex needs may desire more investment customization that Plan d investments does not cater to.
For hands-off investors who value affordable access to financial advisors, Plan d investments is a top choice. The hybrid robo-advisor model balances technology and humans well for a seamless, high-value experience. However, DIY investors and those with unique needs may desire more customization that this platform does not prioritize.