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| Exchange-traded funds. Typically these will have a fee called an expense ratio.<br> | | Exchange-traded funds. Typically these will have a fee called an expense ratio.<br> |
| However, since they are not usually actively managed, their fees are often lower than mutual funds.<br>
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| The expense ratio is measured in basis points.<br> | | The expense ratio is measured in basis points.<br> |
| 25 basis points is an annual fee of 0.25%.<br> | | 25 basis points is an annual fee of 0.25%.<br> |
| The following classifications are stolen from Wealthfront and Acorns<br>
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| ==Brokerages==
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| ===Fidelity===
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| ===Wealthfront===
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| {{main | Wealthfront }}
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| ; [https://www.wealthfront.com/c/affiliates/invited/AFFA-BMT8-AIJ3-FS7E Referral]<br>
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| ; Cash Account
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| Wealthfront offers a cash account.
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| This account is distributed between up to several banks so it is FDIC Insured up to $3 million <ref name="wealthfrontfdic" />.
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| ==References==
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| {{reflist|refs=
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| <ref name="wealthfrontfdic">https://www.wealthfront.com/blog/wealthfront-fdic-insurance/</ref>
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| }}
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