So it looks to me like the premium feature is automatic rebalancing for mutual fund portfolios. 25 Basis Points (.25%) a year seems pretty high for this kind of thing - usually it's done quarterly by your typical advisor and the asset classes are actively managed (stocks in the same class swapped in or out based on research etc).<p>OTOH the private wealth management business is a total freaking mess - a lot of the advisors charging 1pct + just throw you into mutual funds for large cap etc which is inexcusable. I'm glad to see some innovation in the area. Does the rebalancing etc take into account gains/losses to minimize tax burdens etc?