Matson Money

[PandaBear]

Is anyone familiar with Matson Money? We have many friends who invest with them. Dh is considering them as well as Vanguard as he is one of those people who does want an advisor.
I'd appreciate any feedback.
Thanks.

 

[MRG]

Here's a link to a bogle heads thread. I'd second the posters who said run away.


https://www.bogleheads.org/forum/viewtopic.php?t=55651

If DH wants an advisor Vanguard does it for .3%. With Vanguard you are hiring a fiduciary. With these guys they're looking out for their fiduciary interests, not yours.

 

[nun]

All FAs and companies like Matson Money charge for information and advice that is available free of charge and for investments services that are a fraction of the cost from companies like Vanguard. I watched some of his pitch to FA professionals and anything that includes the words "exponential growth" (other than a microbiology class) is to be avoided.

My advice is read the wiki at bogleheads.org and ask questions there and here and use the asset allocation and investment tools on Vanguard/Fidelity/Charles Schwab's websites...many of us use Vanguard.

 

[nun]

Matson Money

https://www.matsonmoney.com/

or Vanguard and bogleheads.org and early-retirement.org. I know which one has worked for me.

Matson sells DFA funds, which are good, but adds on large fees for the privilege and for advice from the FAs......run away.