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.”
| Broker | NerdWallet rating | Promotion | Fees | Account minimum |
|---|---|---|---|---|
5.0/5 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 | |
5.0/5 Reviewed in: Oct. 2024 Period considered: Aug. - Oct. 2024 | None no promotion available at this time. | 0.25% or $4/month. | $0 $10 to start | |
4.4/5 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 |
| Broker | NerdWallet rating | Fees | Account minimum | Promotion | Learn more | |
|---|---|---|---|---|---|---|
5.0/5 Reviewed in: Oct. 2024 Period considered: Aug. - Oct. 2024 | 0.25% management fee | $500 | Get a $50 customer bonus when you fund your first taxable investment account | Learn moreon Wealthfront's website AD Paid non-client promotion | ||
5.0/5 Reviewed in: Oct. 2024 Period considered: Aug. - Oct. 2024 | 0.25% or $4/month. | $0 $10 to start | None no promotion available at this time. | Learn moreon Betterment's website AD Paid non-client promotion | ||
4.4/5 Reviewed in: Oct. 2024 Period considered: Aug. - Oct. 2024 | $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 moreon Stash's website AD Paid non-client promotion |
To recap our selections...
NerdWallet's Compare Online Brokers For Automated Investing (Robo-Advisors)