Empower vs Fidelity

Empower is a free advanced tools plus hybrid advisory service for people with over $100k in investments. How does it compare to Fidelity? Read our comparison chart below.

Empower offers free advanced financial tools and paid wealth management services.

While Fidelity offers stock trades at $0 per trade and more than 180 branch locations. There is no minimum deposit.

Compare Empower with Fidelity, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

	Empower	Fidelity

	Visit Site	Learn More
	SPECIAL OFFER Free Money Management Tools - Learn More Read Empower Review	SPECIAL OFFER Commission-Free Trading - Online Stock, ETF and Option Trades - Learn More Read Fidelity Review
	Benefits and Features
Stock Trading		$0
Options Trading		$0.65 per contract
Annual Fee	0.89% for first $1 million, 0.79% for first $3 million, next $2 million 0.69%, next $5 million, 0.59%, and 0.49% over $10 million	None
Cryptocurrency Trading		$0
Minimum Deposit	$100,000
Mutual Fund Trading		Yes
Phone Support	Yes
Live Chat Support	No
Email Support	Yes
Human Advisors	Yes
Robo Advisor
Assets Under Management	$1.2 trillion
Tax Loss Harvesting	Yes
Goal Tracker	Yes
Automatic Deposits	Yes
Inactivity Fee		$0
Maintenance Fee		$0
Online Platform	Yes
iPhone App	Yes
Android App	Yes
Banking		No
Mobile App	Yes	Yes
Investment Tracking
Single Stock Diversification	Yes
Fractional Shares	No
Taxable Accounts	Yes
401k Plans	Yes
IRA Accounts	Yes
Roth IRA Accounts	Yes
SEP IRA Accounts	Yes
Trust Accounts	Yes
529 Plans	Yes
	CreditDonkey® Reviews

Human Advisors
Robo Advisor
Price
Goal Tracker
Budgeting
Customer Service
Ease of Use
Investment Tracking
Retirement Planning
Savings
Fees
Mobile App
Pros & Cons	Pros: Retirement planner Free portfolio advice Robo plus human advisors Cons: $100,000 min for advisory service Higher fees than competitors	Pros: $0 monthly service fee No minimum balance Free debit card Cons: Relatively low APY Few physical branches
Bottom Line	Free advanced tools plus hybrid advisory service for people with over $100k in investments... Read full review	Cash management account with a decent APY... Read full review
	Visit Site	Learn More
	Free Money Management Tools Join Empower For Free Empower Personal Cash	Fidelity Bloom - $100 Bonus Deposit $50 and Earn $100 Fidelity Youth Account - $50 Bonus
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Empower: Pricing information from published website as of 04/30/2020 Fidelity: Pricing information from published website as of 11/22/2023. Empower: Empower Personal Wealth, LLC (“EPW”) compensates CREDITDONKEY INC for new leads. CREDITDONKEY INC is not an investment client of Personal Capital Advisors Corporation or Empower Advisory Group, LLC.

Free Money Management Tools

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Empower Personal Cash

4.70% APY
$0 monthly fee
Withdraw up to $100k per day

Funds placed in the Empower Personal Cash Program are FDIC insured by program banks up to an aggregate of $5,000,000. (up to $10 million for joint accounts)

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Which is Better: Empower or Fidelity?

Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Empower or Robinhood.

In short: Empower's customer service is excellent.

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