Anyone try/use Pasiv for automatic rebalancing?

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corp_sharecropper
Posts: 590
Joined: Thu Nov 07, 2013 1:36 pm

Anyone try/use Pasiv for automatic rebalancing?

Post by corp_sharecropper »

I went through the trouble of connecting a few accounts just to see how it works. Basically Passiv connects to your brokerage, you give it a model portfolio with target weights, and depending on the level of service it merely notifies you when it's time to rebalance, rebalances with new cash, or even sells overweight holdings to rebalance.

Unfortunately it doesn't seem to support some mutual funds and options/futures, so it isn't going to work for me. I imagine a 3 funder boglehead would have little use for it also. But it seems perfect for a slice & dicer that uses ETFs and no derivatives. Curious if anyone here has used it. I successfully connected it to my IBKR and TD AMERITRADE accounts, looks like plenty of other brokerages are supported.
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