Description
Blooom Reviews – Round Up:
Quick Stats:
About Blooom
Bloom provides low cost advice and an online management service for 401k accounts – at $10 per month this robo-advisor is among the best value retirement account management services in America.
Set up by three finance experts with experience managing the finances of America’s wealthiest, Blooom’s manifesto is about making good financial advice and management available to all of the US at a fair, low price. Although a relatively new company Bloom have already got the backing of some of the biggest names in the financial market and look set to (potentially) change the face of the 401k market.
From the Blooom website:
Our company was founded on the belief that everyone deserves access to quality professional financial advice.
We believe every American deserves smart, simple, affordable 401k help. The financial industry is broken. We exist to fight for all those who have been ignored or preyed upon by big financial giants. Instead of sleeping in tents on Wall Street, we’ve created a technology to help people DO SOMETHING about the injustices of shady financial management. In a world where professional advice is purposely confusing and often unavailable to a large percentage of those who could use it the most. We are here to change the culture of investing—starting by putting people first.
Badger –
my 401k was decimated in the covid crash and no amount of advice is going to fix that.
Emma Vance –
great service good tools and simple to use
Dawn –
I’d been paying FAR too much for my financial advisor. Bloom did all he was doing and more for less than a fifth of the fees I’d been paying and if you have relatively simple needs I couldn’t think of a better service offering such good value.