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WealthSimple vs Goldco

WealthSimple is a good robo-advisor with socially responsible and Halal investment options, though fees are high. How does it compare to Goldco? Read our comparison chart below.

WealthSimple offers auto-investing with support from real advisors, including a free portfolio review of all your finances. However, fees are higher at 0.5% for accounts $100k and less (and 0.4% for accounts over $100k). It also stands out by offering socially responsible and Halal investment options. There is no minimum to open an account.

While Goldco is one of the most popular gold IRA companies. It stands out for its large selection of IRS-approved gold and silver coins, highest price buyback guarantee, and thousands of 5-star reviews. The minimum investment is $25,000.

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

 WealthSimpleGoldco
 Learn MoreVisit Site
 

WealthSimple

Goldco

SPECIAL OFFER
Wealthsimple Cash Account - Learn More

Read WealthSimple Review

SPECIAL OFFER
Free Gold IRA Kit - Learn More

Read Goldco Review

 

Benefits and Features

Annual Fee0.5% for accounts up to $100k; 0.4% for accounts over $100k
Varies depending on custodian
Minimum Deposit
$0
$25,000
Phone SupportYes - M-Th 9a-8p ET; Fri 9a-5:30p ET 
Live Chat Support
No
 
Email Support
Yes
 
Human Advisors
Yes
 
Robo Advisor
Check
 
Assets Under Management
$2 Billion
 
Gold IRA 
Check
Tax Loss HarvestingAvailable for accounts over $100,000 
Goal Tracker
No
 
Automatic Deposits
Yes
 
Online Platform
Yes
 
Setup Fee 
$50
iPhone App
Yes
 
Android App
Yes
 
Silver IRA 
Check
Platinum IRA 
Check
Palladium IRA 
Check
Fractional Shares
Yes
 
Taxable Accounts
Yes
 
401k Plans
No
 
IRA Accounts
Yes
 
Roth IRA Accounts
Yes
 
SEP IRA Accounts
Yes
 
Trust Accounts
Yes
 
529 Plans
No
 
 

CreditDonkey® Reviews

 WealthSimpleGoldco
Annual FeeStarStarStarEmpty StarEmpty Star
Minimum DepositStarStarStarStarStarStarStarStarHalf StarEmpty Star
Human AdvisorsStarStarStarStarEmpty Star
Customer ServiceStarStarStarStarEmpty StarStarStarStarStarStar
Social ResponsibilityStarStarStarStarStar
FeesStarStarStarEmpty StarEmpty Star
Gold IRAStarStarStarStarEmpty Star
SafetyStarStarStarStarStar
Pros & ConsPros:
  • 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
Pros:
  • Highest buyback price guarantee
  • Free silver promotion
  • A+ BBB rating
Cons:
  • $25,000 min
  • Higher transaction fees
Bottom LineGood robo-advisor with socially responsible and Halal investment options, though fees are high... Read full reviewVery reputable Gold IRA account, but fees are higher than competitors... Read full review
 Learn MoreVisit Site

Wealthsimple 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.

Goldco: The required minimum purchase at Goldco to start a gold IRA is $25,000. Goldco’s preferred Custodian charges a flat annual account service fee which includes a one-time IRA account set-up fee of $50, as well as a $30 wire fee. Annual maintenance is $100, and storage is $150 for segregated storage or $100 for non-segregated storage. Fees for gold storage and custodianship can vary depending on the company you select to handle these services (required by the IRS, as all IRA assets must be managed by a custodian). Depending on the Custodian, storage fees can range from $10 to $60 per month, or as a percentage of assets, from 0.35% to 1% annually. Goldco does not charge any storage fees for cash transactions over $25,000.

Goldco

Free Gold IRA Kit

  • Up to $10,000 in free silver for eligible customers
  • Highest buyback price, guaranteed
  • Endorsed by Sean Hannity and Chuck Norris
Goldco

Get Up to $10,000 in Free Silver

Open a qualifying gold IRA and get up to $10,000 in free silver

Which is Better: WealthSimple or Goldco?

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

In short: WealthSimple's minimum deposit is impressive. Goldco's customer service is outstanding.


Articles on WealthSimple

Wealthsimple Reviews

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.

Articles on Goldco

Goldco Review

Is Goldco the best gold IRA company? Discover its fees & more in this in-depth review.

Which Do You Think is Best?





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