Marcus Invest works by monitoring and rebalancing portfolios daily to align with clients' goals. After analyzing risk tolerance and goals, Marcus Invest recommends a risk level (conservative, growth, etc.). Investors can then customize their portfolio by choosing one of three options.
Does Marcus Invest have a financial advisor?
Marcus Invest does not offer access to human financial advisors. However, clients can apply for Goldman Sachs Personal Financial Management (PFM), but this is a separate division of Goldman Sachs. Several of Marcus Invest's competitors in the same pricing range offer access to a financial advisor.
How much does Marcus invest cost?
Compared to other robo-advisors, Marcus Invest’s 0.35% management fee is a little steep, especially considering access to financial advisors isn’t included. Many leaders in the space charge 0.25%—some are even free—for basic portfolio management services.
