Robo-Advisor | Best for | Highlights | Annual Fee | Promotion | Account minimum | Start investing |
---|---|---|---|---|---|---|
Overall and minimizing taxes | Tax efficient direct indexing (accounts $100,000+) | 0% - 0.25% of account balance | $15,000 managed free (NerdWallet readers) | $500 | ||
Overall, IRAs | Goal-based tools help savings, guide asset allocation | 0.25-0.50% of account balance | One month free management with $10,000 deposit. | $0 | ||
Free | Free management; add-on services are paid | Free | n/a | $0 | ||
Free | Trusted leader in financial services | Free | n/a | $5,000 | ||
401(k)s | Manages Fidelity 401(k)s for free | 0.5% of balance; several services free | Three months free | $10,000 (premium service) | ||
401(k)s | Manages employer 401(k) plans for flat fee | $10 per month | n/a | $0 | ||
Access to financial advisor | Portfolios built on client-by-client basis with advisor | 0.30% of account balance | n/a | $50,000 | ||
Access to financial advisor + Minimizing taxes | Hybrid service; some tools free; individual securities ($200,000+) | 0.49-0.89% of account balance | n/a | $100,000 | ||
IRAs | Retirement planning tools; all-in fee | 0.35% of account balance; includes investment expenses | n/a | $5,000 |