Best Wealth Management Firms: Top Online Wealth Managers
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Why trust NerdWallet
Our deep, independent analysis sorts through key details to find and evaluate the information investors want when choosing a financial or wealth advisor. To see our full methodology and learn more about our process, read our criteria for financial advisors.
Over 60 investment account providers reviewed and rated by our expert Nerds.
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Dozens of objective ratings rubrics, and strict guidelines to maintain editorial integrity.
What is a wealth management service?
A wealth management firm is a type of financial advisor that works with high-net-worth clients and offers holistic financial planning. This often includes services such as estate planning, tax minimization and legal guidance, in addition to investment management.
The best wealth advisors don't earn commissions for selling specific investments or other products, which can create conflicts of interest. They offer holistic guidance, adjust their approach to meet your specific needs and they offer a variety of ways to get in touch, including virtual meetings.
This page covers the best wealth advisors as chosen by NerdWallet's editorial team. NerdWallet's editorial team rated firms on more than 20 data points and applied a lengthy methodology to find the best picks.
We break our reviews here into two categories: matching services that will connect you with a wealth advisor and traditional wealth management firms.
What do wealth managers do?
Wealth advisors typically offer help and guidance in these areas:
Investment management.
Stock options and restricted stock units.
Estate planning.
Trusts.
Philanthropic planning.
College planning.
Succession planning.
Gifting.
Tax strategies.
Socially responsible investing.
Concierge health care.
Family financial dynamics.
What is the difference between a financial advisor and a wealth manager?
The main difference between a financial advisor and a wealth manager is client size and breadth of offerings. Wealth managers tend to offer more services than financial advisors do, and they specialize in financial planning for extremely wealthy clients. Wealth managers still do a lot of the same types of counseling that other types of financial advisors do.
The titles “wealth advisor” and “financial advisor” don't require any level of accreditation. Use the Financial Industry Regulatory Authority's BrokerCheck tool to verify that an advisor is registered as an investment advisor with the Securities and Exchange Commission or their state, regardless of what title they use. Also, use the CFP Board’s site to verify a CFP’s certification.
What is the average fee for a wealth advisor?
The average fee for a wealth management advisor is 1.05%. The range is typically 0.25% to 2% of assets under management.
For example, if a wealth manager is managing $250,000 of your assets, the average annual fee might be about $2,625 but could range between $625 and $5,000.
How much money should you have to get a wealth advisor?
Wealth advisors often require a minimum investment of several hundred thousand dollars or even millions of dollars. However, many of the advisors below operate primarily online — in most cases, you'll meet with the advisor virtually, though some connect you to local options — and offer lower minimums.
Best Wealth Management Firms: Top Online Wealth Managers
| Broker | NerdWallet rating | Fees | Account minimum | Promotion | Learn more |
|---|---|---|---|---|---|
4.7/5 Reviewed in: Oct. 2025Period considered: Aug. - Oct. 2025 | $2,600 and up per year per year (free initial consultation) | $0 | None no promotion available at this time. | Learn moreon partner's site on Facet's website AD Paid non-client promotion | |
4.9/5 Reviewed in: Oct. 2025Period considered: Aug. - Oct. 2025 | Varies by Advisor (free initial consultation) | $150,000 Varies by Advisor, starting at $150,000 | None no promotion available at this time. | Learn moreon partner's site on Zoe Financial's website AD Paid non-client promotion | |
5.0/5 Reviewed in: Oct. 2025Period considered: Aug. - Oct. 2025 | Up to 1% per year | $250,000 | $250 off one year of financial or tax planning | Learn moreon partner's site on Harness Wealth's website AD Paid non-client promotion | |
4.7/5 | 0.50% -
1.75% | $0 Declined to disclose, but minimums may be set, increased, decreased or waived at the firm's discretion. | None no promotion available at this time | ||
4.7/5 | 0.55% -
1.5% | $250,000 but may be waived or negotiated at the firm's discretion. | None no promotion available at this time | ||
4.9/5 | 0.60% -
1.25% | $0 no firm-wide minimum | None no promotion available at this time | ||
4.9/5 Reviewed in: Oct. 2025Period considered: Aug. - Oct. 2025 | Varies by advisor (free initial consultation) | $0 | None no promotion available at this time | Unpaid non-client promotion |
Our pick for
wealth advisors
These are traditional wealth management firms — with the exception of Facet, they all have offices around the country, so you may be able to work with a local advisor. But they also meet with clients virtually, and provide full-service, comprehensive financial planning and wealth management.
Learn moreon partner's siteon Facet's websiteNerdWallet rating4.7/5Reviewed in: Oct. 2025Period considered: Aug. - Oct. 2025Learn moreon partner's siteon Facet's websiteADPaid non-client promotionFees
$2,600 and up per year
per year (free initial consultation)
Account minimum
$0
Promotion
None
no promotion available at this time.
Our Take
ProsComprehensive, full-service financial planning.
Meetings are held virtually, via phone or video call.
Access to a dedicated certified financial planner.
Flat membership fee means you pay only for what you need.
Online tax filing services available, depending on membership tier.
ConsAdvisor access is capped in the first year.
Wide fee range makes it difficult for potential customers to estimate costs.
Why We Like ItFacet's financial planning services are flat-fee only, so you always know what you're going to pay. Facet offers customized financial guidance and investment management from a dedicated CFP. Facet advisors can work with you on the majority of situations covered by full-service financial planning firms. *Facet Wealth, Inc. is an SEC registered investment adviser. This is not an offer to sell securities or the solicitation of an offer to purchase securities. Facet’s specific investment management services vary depending upon the chosen service level. This is not investment, financial, legal, or tax advice. Past performance is not a guarantee of future performance.
- NerdWallet rating4.7/5
Fees
0.50% - 1.75%
Account minimum
$0
Declined to disclose, but minimums may be set, increased, decreased or waived at the firm's discretion.
Promotion
None
no promotion available at this time
Our Take
ProsUnlimited access to a dedicated advisor.
Option to work with advanced planning teams on complex planning topics.
Highly tailored portfolio management.
May be able to manage employer-sponsored accounts like a 401(k).
Allows clients to hold assets at a range of third-party custodians, including Fidelity, Schwab and Axos.
140+ office locations nationwide.
ConsTiered management fee is high for investors with investable assets below $1 million.
Why We Like ItEdelman Financial Engines can manage assets across taxable and non-taxable accounts, including those within most 401(k) plans or other workplace retirement plans. The firm’s highest annual fee is 1.75% of the first $400,000 in assets under management, which is among the highest for wealth advisors reviewed by NerdWallet.
- NerdWallet rating4.7/5
Fees
0.55% - 1.5%
Account minimum
$250,000
but may be waived or negotiated at the firm's discretion.
Promotion
None
no promotion available at this time
Our Take
ProsUnlimited access to a dedicated advisor who coordinates with specialists in investment management, tax planning, estate planning and insurance.
Offers pre-built portfolio options or customized investments to meet financial goals.
May be able to manage employer-sponsored accounts like a 401(k).
Offices in 16 states.
ConsExpense ratios on investments used in portfolios can be high.
Fewer brokerage options compared to other wealth management firms reviewed by NerdWallet.
Why We Like ItModern Wealth Management may be right for you if you’ve already accumulated significant wealth that you want someone to manage, you’re prepared to take full advantage of the planning specialists available and you value the option to meet in-person and you’re located near one of the firm’s offices. Because it uses a tiered fee structure — which is common in the wealth management industry — clients who have the smallest balance pay the highest rates.
- NerdWallet rating4.9/5
Fees
0.60% - 1.25%
Account minimum
$0
no firm-wide minimum
Promotion
None
no promotion available at this time
Our Take
ProsProvides comprehensive wealth management services including investment planning, retirement planning, tax, estate, insurance and trust planning.
Allows unlimited access to an advisory team with complementary expertise.
Allows clients to hold assets at a range of third-party custodians, including Fidelity, Schwab and Pershing.
Builds customized investment portfolios.
Has offices in 42 states.
ConsMinimum quarterly fee of $1,875.
Why We Like ItLike many other financial advisors, Mariner's fees are tiered based on assets under management. But the firm's highest AUM fee is 1.25% on the first $1 million in assets, which is among the lowest for wealth advisors reviewed by NerdWallet. Investors with balances below $600,000 should take note of the quarterly minimum.
Our pick for
services to help you find a wealth advisor
These three companies operate networks of financial advisors — they vet advisors, then match you to one in their network based on factors like how much you have to invest, your income, and specific financial planning needs.
Learn moreon partner's siteon Zoe Financial's websiteNerdWallet rating4.9/5Reviewed in: Oct. 2025Period considered: Aug. - Oct. 2025Learn moreon partner's siteon Zoe Financial's websiteADPaid non-client promotionFees
Varies by Advisor (free initial consultation)
Account minimum
$150,000
Varies by Advisor, starting at $150,000
Promotion
None
no promotion available at this time.
Our Take
ProsAdvisors offer free initial consultations.
Access to a range of services, including investment management and financial, tax and estate planning.
No fee for using Zoe Financial to find an advisor.
ConsDifficult to know financial advisor fees upfront.
$150,000 investment minimum.
Why We Like ItZoe Financial isn't actually a financial advisory firm — the company connects clients to financial advisors. Zoe's account minimum is fairly high at $150,000, but the advisor access is excellent, and advisors hold at least a CFP or CFA designation. The typical fee ranges from 0.75% - 1.25%, but because each advisor has their own fee, you may not know exactly what you’ll pay until you contact the advisors.
Learn moreon partner's siteon Harness Wealth's websiteNerdWallet rating5.0/5Reviewed in: Oct. 2025Period considered: Aug. - Oct. 2025Learn moreon partner's siteon Harness Wealth's websiteADPaid non-client promotionFees
Up to 1%
per year
Account minimum
$250,000
Promotion
$250 off
one year of financial or tax planning
Our Take
ProsAdvisors offer free initial consultations.
Access to a range of services, including investment management and financial, tax and estate planning.
No fee for using Harness Wealth to find an advisor.
ConsDifficult to know financial advisor fees upfront.
Firms require a $250,000 investment minimum for investment management. (No minimum for a one-time financial plan.)
Why We Like ItHarness Wealth isn't itself a financial advisory firm — the company serves to connect clients to carefully vetted firms. Advisors on the platform typically charge a 1% management fee, but flat-fee financial planning services and tax help are also available.
- NerdWallet rating4.9/5Reviewed in: Oct. 2025Period considered: Aug. - Oct. 2025Unpaid non-client promotion
Fees
Varies by advisor
(free initial consultation)
Account minimum
$0
Promotion
None
no promotion available at this time
Our Take
ProsAdvisors offer free initial consultations.
Access to a range of services, including investment management and financial, tax and estate planning.
No fee to use Wealthramp to find an advisor.
ConsDifficult to know financial advisor fees upfront.
Some advisors require investment minimum of $100,000 or more.
Why We Like ItWealthramp isn't a financial advisory firm — the company connects clients to vetted financial advisors. The advisors in Wealthramp's network typically charge fees that are on the higher end, as are the expense ratios of the investments used. But Wealthramp receives full marks for their financial planning and tax strategy. Because each advisor has their own fee, you may not know exactly what you’ll pay until you contact the advisors.
Last updated on December 10, 2025
Methodology
NerdWallet’s comprehensive review process evaluates and ranks companies that provide financial planning services online or connect users to a financial advisor. Our aim is to provide an independent assessment of providers to help arm you with information to make sound, informed judgements on which ones will best meet your needs. We adhere to strict guidelines for editorial integrity.
We collect data directly from providers through detailed questionnaires, and conduct first-hand testing and observation through provider demonstrations. The questionnaire answers, combined with demonstrations, interviews of personnel at the providers and our specialists’ hands-on research, fuel our proprietary assessment process that scores each provider’s performance across more than 20 factors. The final output produces star ratings from poor (one star) to excellent (five stars).
For more details about the categories considered when rating financial advisors and our process, read our full methodology.
NerdWallet's Best Wealth Management Firms: Top Online Wealth Managers
- Edelman Financial Engines: Best for wealth advisors
- Modern Wealth Management: Best for wealth advisors
- Mariner Wealth Advisors: Best for wealth advisors
- Facet: Best for wealth advisors
- Zoe Financial: Best for services to help you find a wealth advisor
- Harness Wealth: Best for services to help you find a wealth advisor
- Wealthramp: Best for services to help you find a wealth advisor