Wealthfront vs Acorns

Wealthfront is a good robo-advisor for hands-off investor. Fees are low, but lack human advisors. How does it compare to Acorns? Read our comparison chart below.

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.

While Acorns is geared towards young investors who have trouble saving. This investment app automatically rounds up and invests your spare change whenever you make a purchase. The service fee is waived for college students. Otherwise, the fee starts at $1/month for accounts under $5,000. There is no minimum to open.

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

	Wealthfront	Acorns
		SPECIAL OFFER $10 Sign-Up Bonus - Learn More Read Acorns Review
	Benefits and Features
Stock Trading		Part of service fee. Free for college students for 4 years. No add-on trading fees.
Annual Fee	0.25%	Free for college students; $1/mo for Acorns; $2/mo for Acorns + Acorns Later; $3/mo for Acorns + Acorns Later + Acorns Spend
Minimum Deposit	$500	$0
Phone Support	Yes	Yes
Live Chat Support	No	No
Email Support	Yes	Yes
Human Advisors	No	No
Robo Advisor
Assets Under Management	$10+ Billion	$1 Billion
Tax Loss Harvesting	Yes	No
Goal Tracker	Yes	Yes
Automatic Deposits	Yes	Yes
Online Platform	Yes	Yes
iPhone App	Yes	Yes
Android App	Yes	Yes
Banking		Acorns Spend checking account comes with a debit card and has no minimum balance requirement, no overdraft fees, and unlimited free or fee-reimbursed ATMs nationwide. $3/mo for Acorns + Acorns Later + Acorns Spend.
Mobile App		Yes
Single Stock Diversification	Yes	No
Fractional Shares	No	Yes
Taxable Accounts	Yes	Yes
401k Plans	No	No
IRA Accounts	Yes	Yes
Roth IRA Accounts	Yes	Yes
SEP IRA Accounts	Yes	Yes
Trust Accounts	Yes	No
529 Plans	Yes	No
	CreditDonkey® Reviews
Annual Fee
Minimum Deposit
Customer Service
Investment Types
Pros & Cons	Pros: Minimal opening deposit & fees Advanced goal tracker Tax loss harvesting Cons: No human advisors No fractional shares	Pros: No minimum investment Invest with spare change Free for college students Cons: Fees are high for small balances No tax benefits Limited investment options
Bottom Line	Good robo-advisor for hands-off investor. Fees are low, but lack human advisors... Read full review	Investment app that automatically invests your spare change. Good for young investors to get into the habit... Read full review
		$10 Sign-Up Bonus $5 Sign-Up Bonus Try Acorns Today!
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Wealthfront: Pricing information from published website as of 04/04/2018 Acorns: Pricing information from published website as of 07/11/2019.

Which is Better: Wealthfront or Acorns?

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

In short: Wealthfront's annual fee and customer service are notable.

Articles on Wealthfront

Wealthfront
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 Betterment
• Wealthfront vs Vanguard
• Wealthfront vs Robinhood

Articles on Acorns

Acorns Investing
Acorns automatically invests your spare change, so you can invest without thinking. It's great for novice investors, but there are downsides. Read on.
• Acorns vs Stash

Comments

• Olivia Tabor
  on April 9, 2019 7:02 AM said about Acorns:

  I have both Acorns and Robinhood and even though they each serve a different purpose I don't have the freedom of stock purchase that I really like. I believe Acorns diversifies for my needs more effectively.

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