FutureAdvisor (YC S10) takes the guesswork out of saving for retirement

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).

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?