Titan Review 2022: Pros, Cons and How It Compares

Titan offers a distinctive strategy for investment management, but doesn't have some of the perks offered by other firms.

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Our Take

4.0

NerdWallet rating 

Reviewed in: Oct. 2022

Period considered: Aug. - Oct. 2022

The bottom line:

Titan aims to bring all investors the kind of investment management that's typically offered only to the wealthy, with actively managed stock and alternative investment portfolios. Compared with hedge funds and similar offerings, the fee is low. But investors who want tax strategy, access to CFPs or other features may want to look elsewhere.

Titan
Fees
1%
for balances of $10,000 or more ($5/month for lower balances)
Account minimum
$100
Promotion
$50 sign-up bonus
when you open and fund (minimum $100) an account with Titan
Learn more

on Titan's website

AD

Paid non-client promotion

Pros & Cons

Pros

  • Low account minimum.

  • Offers low-cost active investment management.

  • Crypto management available.

Cons

  • Customer service not available by phone.

  • No tax strategy.

Compare to Other Advisors

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Titan
Fidelity
Interactive Brokers IBKR Pro
Merrill Edge
TD Ameritrade
NerdWallet rating 

5.0

/5
NerdWallet rating 

5.0

/5
NerdWallet rating 

4.7

/5
NerdWallet rating 

5.0

/5

Fees

1%

for balances of $10,000 or more ($5/month for lower balances)

Fees

$0

per trade for online U.S. stocks and ETFs

Fees

$0.005

per share; as low as $0.0005 with volume discounts

Fees

$0

per trade

Fees

$0

per trade

Account minimum

$100

Account minimum

$0

Account minimum

$0

Account minimum

$0

Account minimum

$0

Promotion

$50 sign-up bonus

when you open and fund (minimum $100) an account with Titan

Promotion

None

no promotion available at this time

Promotion

Exclusive!

US resident opens a new IBKR Pro individual or joint account receives 0.25% rate reduction on margin loans. Tiers apply.

Promotion

Up to $600

when you invest in a new Merrill Edge® Self-Directed account.

Promotion

None

no promotion available at this time

AD

Paid non-client promotion

NerdWallet doesn’t invest its money with this provider, but they are our referral partner – so we get paid only if you click through and take a qualifying action (such as open an account with or provide your contact information to the provider). Most importantly, our reviews and ratings are objective and are never impacted by our partnerships. Our opinions are our own. Here is a list of our partners and here’s how we make money.

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Full Review

Where Titan shines

Active management strategy: Titan should not be thought of as a typical robo-advisor: The service is not designed to build you a diversified portfolio. Instead, Titan specializes in picking specific stocks and alternative investments. This strategy can involve a high amount of risk, which should be taken into consideration.

$100 minimum: Titan offers a low account minimum of $100, especially given the strategy, and charges a 1% annual fee on balances of $10,000 or more.

Crypto: Titan gives investors access to crypto management.

Where Titan falls short

No additional services: Titan offers stock and alternative investment management — but that’s about it. Other investment management firms include features such as access to CFPs, goal setting, socially responsible investment portfolios and intentional tax strategies. And many of them charge less than the 1% Titan charges.


Titan is best for:

  • Investors who want an actively managed stock portfolio.

  • Investors who want Wall Street-level intel and access to active investing strategies at a low minimum.

Titan at a glance

Reviewed: Oct. 2022

Period considered: Aug. - Oct. 2022

Account minimum

  • $100 minimum for Titan Flagship and Titan Crypto.

  • $10,000 minimum for Titan Opportunities and Titan Offshore.

  • $2,000 minimum for Private Credit with individual accounts, $1,000 minimum for IRAs.

  • $2,500 minimum for Real Estate with individual accounts, $1,000 for IRAs.

Account management fee

Account balance of less than $10,000: $5 per month. Account balance of $10,000 or more: Annual fee of 1% charged monthly.

Note: Normally a 1% annual fee would earn one star, but because hedge funds often charge 2%, we adjusted our typical grading to account for Titan's unique strategy.

Investment expense ratios

  • Titan Flagship, Opportunities, Offshore, and Crypto strategies: 0%.

  • Real Estate fund: 1.5% total annual fund expenses.

  • Private Credit fund: 1% total annual fund expenses + 15% performance fee on profits over 6%.

Inverse ETFs (held in approximately 5% of Titan strategy portfolios): 0.90% - 0.95% total annual fund expenses.

Account fees

  • Outgoing account transfers: $100.

  • IRA Account Closure: $100.

Portfolio mix

Domestic U.S. stocks, international stocks, crypto assets, real estate and private credit, though what you are invested in depends on the strategy you choose. Inverse ETFs are occasionally used as part of Titan's active management strategy.

Titan's strategy is very different than most robo-advisors as they are not seeking to build well-diversified portfolios. Titan's strategy may be more risky than most and should be considered carefully.

Socially responsible portfolio options

None.

Accounts supported

Taxable accounts.

Traditional, Roth and inherited/beneficiary IRAs.

Titan can accommodate rollovers for all retirement accounts.

Tax strategy

All-stock portfolios can naturally isolate individual investments and harvest losses.

Automatic rebalancing

Flagship, Opportunities, Offshore, and Crypto strategies offer automatic rebalancing. Titan's 3rd party funds do not rebalance.

Human advisor option

FINRA-registered representatives can provide personalized investment advice.

Bank account/cash management account option

Cash account that earns up to 2% on balances up to $10,000 and 0.05% on any additional balance over $10,000. Clients must have at least $1,000 within Titan's investment strategies to use cash account.

Customer support options (includes how easy it is to find key details on the website)

Titan customer service is available Monday to Friday 7 a.m. to 7 p.m. Eastern and 8 a.m. to 6 p.m. Eastern on weekends. Titan Virtual Assistant is available 24/7. There is also support via Twitter.

More details about Titan's ratings

Account minimum: 4 out of 5 stars

Titan offers several investment strategies with minimums starting at just $100 for Titan Flagship and Titan Crypto. The Titan Opportunities and the Titan Offshore strategies have a significantly higher minimum of $10,000.

For Private Credit, there is a $2,000 minimum for individual accounts, and a $1,000 minimum for IRAs. For Real Estate, there is a $2,500 minimum for individual accounts, and a $1,000 minimum for IRAs.

Account management fee: 3 out of 5 stars

Clients with more than $10,000 are charged an annual fee of 1%. Clients with less than $10,000 pay $5 a month.

The $5 monthly fee may sound low, but with lower account balances, the amount you’re paying may actually be a much higher percentage of your assets. For example, if you’re paying $5 a month (or $60 a year) for asset management on a $500 balance, you’re paying 12%. If you have $6,000 managed, you’ll pay 1%. Anything between $6,000 and $10,000 will be less than the 1% fee Titan charges on balances of $10,000 or more.

To compare, many robo-advisors charge 0.25% per year regardless of account balance, though the investment strategies of those advisors are typically passive rather than Titan's active approach.

And if you have more than $10,000 managed, 1% is extremely high compared with most robo-advisors. That being said, you are getting a strategy that often charges close to 2%. If Titan’s strategy is what you’re here for, then it’s a bargain. If you just want simple investment management and don’t need a specialized strategy, 1% is more than you need to pay.

» Want more options? Check out the best robo-advisors

Investment expense ratios: 3 out of 5 stars

Even though Titan’s portfolios are made up of stocks, the company occasionally uses inverse ETFs as part of its hedging strategy. These ETFs carry expense ratios between 0.90% and 0.95%. Those fees are quite high compared to other robo-advisors that typically employ ETFs as the main part of their portfolio strategy. But Titan only uses those ETFs to serve as possible protection from an extended market downturn, so you won’t pay expense ratios on the bulk of your portfolio. In contrast, if a robo-advisor charges a 0.25% management fee, expense ratios can make your total cost closer to 0.35%.

Titan Flagship, Opportunities, Offshore, and Crypto strategies do not have expense ratios due to the structure of their strategy.

The Real Estate fund charges a 1.5% annual fund expense and the Private Credit fund charges a 1% annual fund expense plus a 15% performance fee on profits over 6%.

Account fees: 3.5 out of 5 stars

Titan’s fees include a $100 for outgoing ACAT transfers (per account) and a $100 IRA termination fee. Those fees are higher than many other providers we review.

Portfolio mix: 4 out of 5 stars

Unlike a typical robo-advisor, Titan does not offer fund-focused portfolios. Instead, Titan features several stock and crypto based investment strategies: Flagship, Opportunities, Offshore and Crypto. Flagship, Opportunities and Offshore hold 15 to 25 stocks. Crypto holds about five to 10 crypto assets. Occasionally inverse ETFs are included.

Titan also offers Private Credit and Real Estate with quarterly liquidity and no accreditation needed. Typically, these types of offerings are only available to high net worth clientele.

Inverse ETFs attempt to “short” the market by betting against an index. They can also be used to hedge against risk in your portfolio. For example, in March 2020, Titan shorted the market with a small portion of clients’ capital ahead of the COVID-related crash.

That said, Titan’s portfolios carry a lot of risk, and that risk doesn’t always pay off. Investing in a smaller number of stocks and crypto can be riskier than investing in a handful of broad-market index funds or ETFs, which can hold hundreds of different stocks within a single investment.

As a client, you can choose a combination of Titan's various strategies, outlined below:

Titan Strategies

Flagship

Opportunities

Offshore

Crypto

Account minimums

$100.

$10,000.

$10,000.

$100.

Portfolio focus

Large cap, U.S.-focused.

Small and mid cap, U.S.-focused.

International-focused.

Cryptocurrencies with minimal correlation to equities.

You can also investigate Titan's third-party funds:

Titan Third-Party Funds

Private Credit

Real Estate

Account minimums

$2,000 minimum with individual accounts, $1,000 minimum for IRAs.

$2,500 minimum with individual accounts, $1,000 for IRAs.

Investing in a smaller number of stocks and crypto, as is the case with Titan's portfolios, can be riskier than investing in a handful of broad-market index funds or ETFs, which can hold hundreds of different stocks within a single investment.

Socially responsible portfolio options: 1 out of 5 stars

Titan does not offer a socially responsible portfolio option. If sustainable investing is important to you, you may want to consider other options.

» Explore NerdWallet’s picks for the best robo-advisors for socially conscious investors

Accounts supported: 4 out of 5 stars

Titan offers taxable accounts and traditional, Roth, and inherited/beneficiary IRAs. You can roll over an existing individual account or retirement account into an account with Titan, but accounts must be held at Titan's custodial partner Apex.

Tax strategy: 4 out of 5 stars

Titan does not offer a tax strategy per se, but Titan’s all-stock portfolio is essentially direct indexing, minus the index. Direct indexing refers to buying individual stocks to isolate tax harvesting opportunities. Titan's portfolios do this naturally.

Automatic rebalancing: 5 out of 5 stars

Titan Flagship, Opportunities, Offshore, and Crypto rebalance quarterly within the strategy itself, not the holistic portfolio. Titan’s third-party funds do not rebalance.

Human advisor option: 3 out of 5 stars

Titan gives its investors access to FINRA-registered representatives who can provide personalized investment advice. The service also offers investors a window into the decision-making process behind their portfolios with videos and live updates.

These insights help investors understand how global events affect stocks in your portfolio and why Titan may or may not jump on board with new IPOs. You can also message the investor relations team through the app with any questions you may have about the investment decisions the team has made, but the team cannot give you personalized financial advice.

» Curious about other options? Explore the best financial advisors

You can also message the investor relations team through the app with any questions you may have about the investment decisions the team has made, but the team cannot give you personalized financial advice.

Savings account/cash management options: 3 out of 5 stars

Titan offers a cash account offering up to 2% APY as of Oct. 24, 2022, for up to $10,000 for qualifying accounts. There is some fine print with this account: Customers must have at least $1,000 in net deposits within Titan’s investment strategies. The 2% will only be applied to the first $10,000 you have in cash holdings. Additional money will only earn 0.5% APY. Some of the Titan investment strategies include cash holdings. The high-yield interest rate will also apply to this uninvested cash that’s held within the investment strategies.

Customer support options: 3.5 out of 5 stars

Titan customer service is available Monday to Friday 7 a.m. to 7 p.m. Eastern and 8 a.m. to 6 p.m. Eastern on weekends. Titan Virtual Assistant is available 24/7 and there is also support via Twitter.

Is Titan right for you?

If you're interested in access to an active management strategy, Titan’s strategy may work well for you. If you think you may need financial planning help or tax assistance you may want to think about working with a more well-rounded robo-advisor or a financial advisor. Titan’s portfolios also have a lot of risk. Stocks, cryptocurrencies and other alternative investments carry a lot of risk, and Titan’s ambitious claims are not a guarantee.

How do we review robo-advisors?

NerdWallet’s comprehensive review process evaluates and ranks the largest U.S. robo-advisors. 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 16 factors. The final output produces star ratings from poor (one star) to excellent (five stars).

For more details about the categories considered when rating robo-advisors and our process, read our full methodology.

on Titan's website