nationwide investments is a major u.s. financial services company that offers various investment products to retail investors. however, there are mixed opinions on whether nationwide’s investment products are suitable for average investors. this article will provide a balanced analysis of nationwide investments reviews from customers.
nationwide provides mediocre index funds with average fees
according to customer reviews, nationwide’s index funds generally have average expense ratios and performances. while they provide necessary market exposure, investors can likely find cheaper index funds elsewhere that replicate market performance. overall, nationwide’s index fund offering is mediocre compared to competitors.
nationwide’s active mutual funds fail to beat market benchmarks
reviews show that the majority of nationwide’s actively managed mutual funds fail to consistently outperform their respective market benchmarks over long periods. this suggests investors may be better off with low-cost index funds rather than paying higher fees for potential alpha from nationwide’s stock-picking managers.
nationwide’s robo-advisor performance in line with competitors
nationwide offers automated investing via its robo-advisor. customer nationwide investments reviews indicate that its algorithmic portfolios generate returns comparable to leading robo-advisors. however, nationwide does not stand out significantly versus competitors in this area.
nationwide’s customer service garners mixed reviews
according to reviews, nationwide provides satisfactory but not standout customer service. while some customers praise nationwide’s responsive service, others complain about long wait times and unhelpful agents. overall, nationwide appears to offer industry-average but unexceptional customer support.
based on customer nationwide investments reviews, nationwide’s investment products appear average in terms of performance, fees, and service. investors may be better served looking at competitors for superior index funds and active management.