Empower vs Wealthfront

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

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

While Wealthfront has a low fee of 0.25% and a minimum of $500 to open an account. Wealthfront offers advanced planning tools to help provide a complete picture of your financial health and track your goals. However, there are no human advisors.

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

		WealthfrontQuickenAcornsRobinhood
	Visit Site	Learn More
	Empower	Wealthfront
	SPECIAL OFFER Free Money Management Tools - Learn More Read Empower Review	SPECIAL OFFER Wealthfront Cash Account - Learn More Read Wealthfront Review
	Benefits and Features
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	0.25%
Minimum Deposit	$100,000	$500
Phone Support	Yes	Yes
Live Chat Support	No	No
Email Support	Yes	Yes
Human Advisors	Yes	No
Robo Advisor
Assets Under Management	$1.2 trillion	$10+ Billion
Tax Loss Harvesting	Yes	Yes
Goal Tracker	Yes	Yes
Automatic Deposits	Yes	Yes
Online Platform	Yes	Yes
iPhone App	Yes	Yes
Android App	Yes	Yes
Mobile App	Yes	Yes
Investment Tracking
Single Stock Diversification	Yes	Yes
Fractional Shares	No	No
Taxable Accounts	Yes	Yes
401k Plans	Yes	No
IRA Accounts	Yes	Yes
Roth IRA Accounts	Yes	Yes
SEP IRA Accounts	Yes	Yes
Trust Accounts	Yes	Yes
529 Plans	Yes	Yes
	CreditDonkey® Reviews
Human Advisors
Robo Advisor
Price
Goal Tracker
Customer Service
Budgeting
Ease of Use
Investment Tracking
Retirement Planning
Annual Fee
Minimum Deposit
Investment Types
Pros & Cons	Pros: Retirement planner Free portfolio advice Robo plus human advisors Cons: $100,000 min for advisory service Higher fees than competitors	Pros: Minimal opening deposit & fees Advanced goal tracker Tax loss harvesting Cons: No human advisors No fractional shares
Bottom Line	Free advanced tools plus hybrid advisory service for people with over $100k in investments... Read full review	Good robo-advisor for hands-off investor. Fees are low, but lack human advisors... Read full review
	Visit Site	Learn More
	Free Money Management Tools Join Empower For Free Empower Personal Cash	Wealthfront Cash Account
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 Wealthfront: Pricing information from published website as of 04/04/2018 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

Get Free Tools

Join Empower For Free

Sign Up

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)

Get Deal

Which is Better: Empower or Wealthfront?

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.

Articles on Empower

Empower Reviews

Empower offers wealth management services and free financial tools. But is it legit? Find out if this robo advisory service is right for you.

• Empower vs Quicken
• Empower vs Betterment
• Empower vs Vanguard

Is Empower Safe

Empower offers free budgeting tools. But is it safe to link all your financial accounts? Learn just how secure Empower is.

• Empower vs Fidelity

Empower vs Quicken

Quicken is the oldest name in personal finance software, while Empower is newer and offers advanced tools for free. Read on to see if it's a good alternative to Quicken.

Empower vs Mint

Empower and Mint are popular money management apps. Read this review to find out how they compare and which one is better for you.

Articles on Wealthfront

Wealthfront Review

Wealthfront simplifies long-term, low-cost investing with a diversified portfolio. But is it safe? Read on to learn if Wealthfront is worth it.

• Wealthfront vs Acorns
• Wealthfront vs Robinhood

Which Do You Think is Best?

You Might Also Like

Best Cash Management Accounts

Cash management accounts combine the features of savings, checking, and investment account. Compare the best cash management accounts in this guide.

Best Alternatives to Traditional Banks

Traditional banks aren't the right fit for everyone. But what other options do you have? Find out in this detailed breakdown of alternatives to banks.

Are Robo Advisors a Good Idea?

Robo advisors make it possible for new investors to start investing. But they come with a fee. Are they worth it? Read on to learn about the pros and cons.

Can I Have Multiple Trading Accounts

Is it a good (or bad) idea to have multiple trading accounts? Find out what you need to know about having two or more investment accounts.

Best Robo Advisor

Investing apps can help grow your money. But you need to compare returns and fees. See which robo-advisors are worth it.

Vanguard Personal Advisor Review: Is It Good?

Typically, robo-advisors mean strictly online portfolio management with no human interaction. Vanguard Personal Advisor Services set out to be the face of change by combining the two services. Is it all it's cracked up to be?

Blooom Review: Is It Good?

Blooom is an affordable robo-advisor for your 401k. But is it safe and legit? Read this in-depth review for the pros and cons.

Betterment Review: Pros and Cons

Betterment offers low fees and good returns. But there are risks you should NOT ignore. Read this review to see if Betterment is better.

Best Roth IRA Providers for Beginners

Opening a Roth IRA is one of the best money moves you can make. But where should you open an account? Here are our top recommended Roth IRA providers.