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Miles commented on MyPocket: App to Manage Money

Meghan,

Over the life-span of a prudent saving individual, investors will end up paying 10s-100s of thousands of dollars to their financial advisor and like 80% of all mutual funds end up under performing their passive benchmark. 

How do we give people attractive returns without having to them to pay fees to an advisor that will most likely under perform a passive benchmark? (one area to look at is robo-advisors)

Is it possible to offer financial advice pro-bono? This would put 10-100s of thousands of dollars back into the pockets of the investor, and well all that money they saved would be able to grow too!