How do you manage your wealth? Do you have a wealth manager? Do you have someone you lean on for financial guidance and advice? Do you pay for a wealth management service?
After reading many investment books, one thing popped up over and over again. Invest in yourself. If your portfolio is mostly index funds, ETFs, and bonds, you’re more than likely not needing a wealth management service. You should be able to manage that yourself.
If you’re a hands off type of investor and you don’t want to do any research at all, it might be good to look into Robo Investors. They are set up to match your risk tolerance and fill it with stocks, bonds, and ETFs. Usually Robo-Investing doesn’t cost much in management fees, because of the automatic nature of it.
There are a lot of apps out there that say they help manage your wealth, manage your portfolios, but some of those apps that “help” also cost a lot in monthly subscriptions. Please be aware of all costs involved and do your due diligence.
You could always take that subscription money and go buy a few books and learn to manage your own wealth. I understand once you accumulate enough wealth and/or real estate, taxes and advisors make sense, but when getting started, you need to be able to save every last penny, and put that money to work.
Do you use any Wealth Management apps or services? Tell us below!
Thrifty Investing 
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