Only slightly more than half of households own stocks, with a median amount of $40,000.households have any sort of retirement savings, with a median amount of just $65,000. Research from the Federal Reserve shows that the median amount of financial assets among all U.S.The first point narrows the field quite a bit: Is willing to pay higher fees to chat with a live financial professional.Has already accrued $100,000 in investment savings.Meanwhile, Empower’s robo-advisor platform makes the most sense for a very specific sort of person. Anyone interested in getting a holistic view of their finances would benefit from this all-in-one solution, which nabbed it the top spot in Forbes Advisor’s ranking of best budgeting apps.

The latter provides a nice-looking budgeting dashboard that lets you sync your financial accounts to keep tabs on your day-to-day spending and cash flow. Empower’s product offering is twofold: a full-featured robo-advisor platform and a suite of free financial management tools.

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