Robo Advisor

Compare Robo Advisor

Betterment
Pros: No minimum investment Many customized portfolios Automatically invest extra funds

Cons: Limited investment options High fees for large investors
Our Review: (4.1) Betterment offers low fees and good returns. But there are risks you should NOT ignore. Read this review to see if Betterment is better?... Read full review
Get up to 1 Year Managed Free


Charles Schwab Intelligent Portfolio
Pros: No account fees More diversified asset allocation Cannot adjust assigned portfolio

Cons: Higher minimum deposit Large cash allocation Tax loss harvesting only to high balance accounts
Our Review: (4.3) Charles Schwab Intelligent Portfolios offers similar robo-advisor services to its competitors but without the annual fee. How is this possible? Read this review to see if it's too good to be true... Read full review


Ellevest
Pros: Focused on women's financial goals No minimum investment Ability to change investment plans

Cons: Limited account options No tax loss harvesting Newcomer, stability TBD
Our Review: (4.1) Investment strategies are for men, or at least that's what the founders of Ellevest believe. This female-focused company has set out to make a difference in the life of women. Their strategy is to focus on the average income and life cycle of women - something no other company has yet to tackle... Read full review


M1 Finance
Pros: Choose your own investments Can invest in individual stocks No account fees

Cons: Not beginner friendly No human advisors Can only trade once a day
Our Review: (4.5) M1 Finance provides a hybrid robo investing service with the ability to choose your own investments. Is it right for you? Read on for the pros and cons... Read full review
$100 Bonus If You Transfer a Brokerage Account of $20,000+ to M1


Personal Capital
Personal Capital offers free advanced financial tools and paid wealth management services. But is it right for you? Read on for the pros and cons... Read full review
Get Started with Personal Capital


Rebalance IRA
Pros: Professionally managed by human advisors Annual live meeting with an advisor Highly diversified asset allocation

Cons: Huge minimum investment Fees to rebalance account No tax loss harvesting
Our Review: (3.5) If the thought of a computer running your retirement investments without any human interaction scares you, Rebalance IRA might be your answer. Known as a hybrid robo-advisor, they offer automated investing combined with live support, giving you the best of both worlds... Read full review


Vanguard Personal Advisor
Pros: Professionally managed by human advisors Low annual fee Backed by prestigious brand

Cons: High minimum investment Extra transaction fees No continuous tax loss harvesting
Our Review: (3.6) 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?... Read full review


Wealthfront
Pros: Minimal opening deposit & fees Advanced goal tracker Tax loss harvesting

Cons: No human advisors No fractional shares
Our Review: (4.3) Wealthfront simplifies long-term, low-cost investing with a diversified portfolio. But is it safe? Read on to learn if Wealthfront is worth it... Read full review
First $5,000 Managed Free


WealthSimple
Pros: Human advisors No minimum investment Socially responsible and Halal investment options

Cons: Higher fees than competitors No personal finance tools Tax loss harvesting only to high balance accounts
Our Review: (4.2) Wealthsimple is a robo advisor with features you should not ignore. But are the higher fees worth it? Read this review to find out what this automatic investing service can do and the pros and cons... Read full review
Get $10,000 Managed for Free for Your First Year

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