Compare Online Brokers For Automated Investing (Robo-Advisors)
Robo-advisors — also known as automated investing services — use computer algorithms and software to build and manage your investment portfolio. Services can include automatic rebalancing and tax optimization, and require little to no human interaction — but many providers have human advisors available for questions. These services build and manage an investment portfolio for you for a fraction of what the typical financial advisor might charge, allowing you to be hands-off with your investments. To make the search easier, we created this shortlist of picks from our partners.
“NerdWallet, Inc. is not an investment advisor and does not provide advice, brokerage services, or recommendations to buy or sell particular stocks or securities.”
Robo-advisors — also known as automated investing services — use computer algorithms and software to build and manage your investment portfolio. Services can include automatic rebalancing and tax optimization, and require little to no human interaction — but many providers have human advisors available for questions. These services build and manage an investment portfolio for you for a fraction of what the typical financial advisor might charge, allowing you to be hands-off with your investments. To make the search easier, we created this shortlist of picks from our partners.
“NerdWallet, Inc. is not an investment advisor and does not provide advice, brokerage services, or recommendations to buy or sell particular stocks or securities.”
Compare Online Brokers For Automated Investing (Robo-Advisors) From Our Partners
Broker | NerdWallet rating | Promotion | Fees | Account minimum | Promotion | Learn more | |
---|---|---|---|---|---|---|---|
Wealthfront Learn more on Wealthfront's website AD Paid non-client promotion | Reviewed in: Oct. 2024 Period considered: Aug. - Oct. 2024 | Get a $50 customer bonus when you fund your first taxable investment account | 0.25% management fee | $500 | Get a $50 customer bonus when you fund your first taxable investment account | Learn more on Wealthfront's website AD Paid non-client promotion | |
Betterment Learn more on Betterment's website AD Paid non-client promotion | Reviewed in: Oct. 2024 Period considered: Aug. - Oct. 2024 | Get 1% match of your net Roth and traditional IRA contributions until December 30, 2024. Terms apply. | 0.25% with a balance over $20K or qualifying recurring deposit. Otherwise, $4/month. | $0 $10 to start | Get 1% match of your net Roth and traditional IRA contributions until December 30, 2024. Terms apply. | Learn more on Betterment's website AD Paid non-client promotion | |
Vanguard Digital Advisor Learn more on Vanguard's website AD Paid non-client promotion | Reviewed in: Nov. 2024 Period considered: Aug. - Nov. 2024 | No advisory fees your first 90 days of Vanguard Digital Advisor investment management (Enrollment requires a Vanguard account with a minimum of $100) | 0.15% per year
(approximately) | $100 | No advisory fees your first 90 days of Vanguard Digital Advisor investment management (Enrollment requires a Vanguard account with a minimum of $100) | Learn more on Vanguard's website AD Paid non-client promotion | |
Stash Learn more on Stash's website AD Paid non-client promotion | Reviewed in: Oct. 2024 Period considered: Aug. - Oct. 2024 | Get $25 when you open a personal brokerage account and deposit at least $5. Subject to T&Cs. | $3 or $9 per month, depending on selected plan | $0 | Get $25 when you open a personal brokerage account and deposit at least $5. Subject to T&Cs. | Learn more on Stash's website AD Paid non-client promotion |
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To recap our selections...
NerdWallet's Compare Online Brokers For Automated Investing (Robo-Advisors)
- Wealthfront
- Betterment
- Vanguard Digital Advisor: Excellent for frequent traders & beginner investors
- Stash