Fidelity Personalized Planning Tax
A robo advisor offering automated portfolio management with tax-loss harvesting for taxable accounts.
Overview
Fidelity Personalized Planning Tax is a digital financial service that provides automated investment management through a robo advisor. It builds personalized investment strategies based on individual financial goals and monitors the markets to automatically rebalance portfolios.
The service charges no advisory fees for account balances under $25,000 and a 0.35% annual advisory fee for balances of $25,000 or more. For taxable accounts with balances above this threshold, it offers tax-loss harvesting opportunities in Flex Funds holding stocks to help reduce tax liabilities.
Additional features include unlimited 1-on-1 financial coaching sessions for accounts with balances of $25,000 or more, assisting clients with retirement planning, debt management, and other financial goals.
Key Features
- + Automated portfolio management with robo advisor
- + Personalized investment strategies based on client goals
- + Automatic portfolio rebalancing
- + Tax-loss harvesting for taxable accounts with $25,000+ balance
- + Unlimited 1-on-1 financial coaching for accounts $25,000+
- + No advisory fees under $25,000 balance
- + No minimum initial investment to open account
- + Access to online planning tools