Best Robo-Advisor for Portfolio Options
NerdWallet reviewed 17 robo-advisors, which together constitute the majority of that market based on their assets under management. Some of the providers are NerdWallet partners, but this did not influence our selection of the winner.
How we picked the companies to evaluate:
NerdWallet evaluated each provider across the weighted criteria below to determine the winner for portfolio options:
How we chose the winner:
- Portfolio mix, including level of diversification, customization and specialty portfolio offerings (80%).
- Expense ratios on available investments (10%).
- Socially responsible portfolio options (10%).
NerdWallet writers sent detailed questions to all reviewed companies. NerdWallet writers and editors also confirmed fees, rates, policies and other key features on each company's website.