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Bloom 401k Robo-advisors

Posted on 1/23/17 at 1:54 pm
Posted by tigersnipen
Member since Dec 2006
2085 posts
Posted on 1/23/17 at 1:54 pm
I just signed up with Bloom 401k management. I figured for $15 a month for my 401k range (cancel anytime) I would give it a shot and see what they can pick. I have mediocre fund options so I am interested to see how they allocate vs how I did it. Worst case I'll try it for a quarter and if I don't like it, then cancel.

Just curious if anyone else has used them and what your experience was like.
Posted by LSUDbrous90
Lafayette
Member since Dec 2011
1450 posts
Posted on 1/23/17 at 6:21 pm to
So how does this work?
Posted by tigersnipen
Member since Dec 2006
2085 posts
Posted on 1/24/17 at 3:42 pm to
quote:

So how does this work?


you sign up with blooom and they manage your 401k for you. They changed my allocations pretty substantially, i'll let it ride for a while and see how they manage it month to month. It isn't too far out of what I would have done.
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