Jemstep Offers Financial Advice Free of Bias - TMCnet's Financial eNews

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Featured Articles » The Future of Mobile Foreign Exchange Trading » Shadow Financial Systems Adds EUCLID Interface to ShadowSuite 9.1 » 2013 FinTech50 Watchlist Tracks eToro Among Big Names in Financial Technology » BlumShapiro and Tagetik Sign a Partner Agreement for Delivering CPM Support Services to US Clients   Sponsored By: Broadview Networks 8 Pitfalls to Avoid When Partnering With A Hosted Voice Provider Practical Lessons for US-based Agents, VARs, Integrators, OEMs and Distributors Tuesday April 23, 2013 2:00 PM ET/ 11:00 AM PT SIGN UP TODAY! US-Based companies who attend will learn: How to evaluate providers and solutions for long-term success How to go to market and expand quickly without major investments How to increase wallet share from existing customers How to integrate systems and processes to improve performance Who should attend: US-based Telecom Agents US-based Value-Added Resellers US-based System Integrators US-based OEMs and manufactures US-based IT Distributors   Top Stories » Greenlight's Real-time Preventative Controls Enhance Policy and Standard Enforcement in Critical Business Applications » How to Meet Today's Challenges to Reach Tomorrow's Goals » QLogic Declares New $125 Million Revolving Credit Facility » Knoa EPM Available for Oracle PeopleSoft Users   From The Expert Corner March 26, 2013 Jemstep Offers Financial Advice Free of Bias By Rory Lidstone , TMCnet Contributing Writer For some, the thought of putting trust in software when it comes to financial advice likely seems absurd. However, at the very least, software can be trusted to be impartial — which isn't always the case with many brokers who receive commission from mutual fund managers for each sale made. Brokers such as these will often pitch funds based on commission rather than performance. That is precisely why digital alternatives to brokers exist. Jemstep, for instance, is a money management website that allows retail investors to import their retirement account data and receive automated advice. For one flat monthly fee — starting at $18 per month up to $70, based on the size of the user's portfolio — Jemstep users will receive suggestions about which funds to buy and sell. Meanwhile, users managing less than $25,000 in retirement assets will receive advice completely free. Since Jemstep doesn't factor commission into the equation, the site tends to recommend inexpensive index funds rather than pricier ones... Read More    Featured Videos TransNexus Talks VoIP Fraud at ITEXPO Miami 2013    Featured Resources » How to Get a Return on Knowledge in a Big Data World » Automotive Financing Company Benefits from 75% Cost Savings and 90% Increased Efficiency » CASE STUDY: How Rafter Aced Application Development through the Power of a Scale-Out SQL Database   Featured Channels » Telecom Expense Management » Enterprise Mobile Solutions » Software Monetization   Advertise With Us   General advertising Info: Click here      Become a TMCnet columnist! Become a TMCnet columnist! Want to contribute your expertise to a growing audience of technology professionals? Become a writer, blogger or columnist for the TMCnet Web site and this newsletter. Contact TMCnet Group Editorial Director, Erik Linask, at elinask@tmcnet.com for details.

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