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Blooom Online Stock Broker Review


ConsumersAdvocate.org Rating: 4.1 / 5 (Excellent)
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Blooom is an online investment company based in Leawood, Kansas, that operates a robo-advisor for investors. The company focuses on restructuring customers' 401k plans in order to minimize the impact from fees and optimize their performance. It also provides users with market guidance and financial advice from experts.
 
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How Do We Rate Blooom?

Breakdown

4.3/5
Investment Products
4.0/5
Features
3.9/5
Pricing and Fees
4.2/5
Customer Support and Reputation

Our Overall Rating: 4.1 / 5 (Excellent)

Blooom's provides customers with a highly secure, and easy, hands-off approach to investing that makes it an excellent robo-advisor alternative. Because Blooom is designed to work only with employer-sponsored retirement plans, those without a 401(k), 401(a), 403(b), 457, or TSP account are, unfortunately, not eligible to receive the company's services. For those that do have an employer-sponsored retirement plan, Blooom's remarkably affordable price, strong security features, and automatic portfolio rebalancing are sure to benefit their investing as a whole.

Blooom Features

Features - 4 / 5

Investment Products
Stocks
Bonds
Mobile App
No

Blooom Fees and Commissions

Pricing and Fees - 3.9 / 5

Minimum to Open Account
$0

Fees (Additional Info)

Account Management

Blooom Financial Strength and Customer Experience

Customer Support and Reputation - 4.2 / 5

Year Founded
2013
Consumer Financial Protection Board (CFPB) Complaints
0
Contact Methods
Phone
Email
Chat
Social Media
Date Collected
2018-11-08

Company Profile

Full Name
Blooom Online Stock Broker

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