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Best Robo-Advisors 2021: Automated Investing

We compare the best robo-advisors in 2021. Find an automated investment tool that works for you. With Financer.com you can:

  • Compare the best robo-advisors
  • Learn about automated investments
  • Grow your investment portfolio
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Top Robo-Advisors 2021: A Comparison

Company Overall Rating Management Fee Account Minimum Promotion Investment Options Get Started
4.5 0% $5 Free career counseling plus loan discoun... Show more Stocks, bonds, ETFs, crypto, IPO
N/A 0.25% $500 $5,000 amount of assets managed for free Stocks, bonds, ETFs, cash
N/A 0.25% annually $0 Up to 1 year of free management with a q... Show more Stocks, bonds, ETFs, cash
N/A 0.15% annually $3,000 No advisory fees your first 90 days of V... Show more ETFs, cash, common stocks
N/A 0.0% to 0.3% annually $100 Integration for Ally bank and brokerage ... Show more ETFs
N/A $1 - $9 per month $0 Up to $510 in credit to invest with qual... Show more Stocks, ETFs
N/A 0.24% annually $500 N/A Stocks, ETFs, mutual funds, options
N/A $1 - $9 per month $0 N/A Stocks, bonds, ETFs, ESG, mutual
N/A 0.25% annually $2,000 First $10,000 managed free ETFs
4.3 $45 - $250 annually $0 Blooom directly manages 401(k)s 401(k)s
N/A $0 online trades - Unlimited $0 online trades Stocks, ETFs, options, mutual funds
Company Overall Rating Management Fee Account Minimum Promotion Investment Options Get Started
4.5 0% $5 Free career counseling plus loan discoun... Show more Stocks, bonds, ETFs, crypto, IPO
N/A 0.25% $500 $5,000 amount of assets managed for free Stocks, bonds, ETFs, cash
N/A 0.25% annually $0 Up to 1 year of free management with a q... Show more Stocks, bonds, ETFs, cash
N/A 0.15% annually $3,000 No advisory fees your first 90 days of V... Show more ETFs, cash, common stocks
N/A 0.0% to 0.3% annually $100 Integration for Ally bank and brokerage ... Show more ETFs
N/A $1 - $9 per month $0 Up to $510 in credit to invest with qual... Show more Stocks, ETFs
N/A 0.24% annually $500 N/A Stocks, ETFs, mutual funds, options
N/A $1 - $9 per month $0 N/A Stocks, bonds, ETFs, ESG, mutual
N/A 0.25% annually $2,000 First $10,000 managed free ETFs
4.3 $45 - $250 annually $0 Blooom directly manages 401(k)s 401(k)s
N/A $0 online trades - Unlimited $0 online trades Stocks, ETFs, options, mutual funds

How to Compare the Best Robo-Advisors

How to Compare the Best Robo-Advisors
1
Compare Fees
Compare management fees for various robo advisors.
2
Consider Account Minimums
Some robo-advisors require account minimums.
3
Choose the Best Robo Advisor
Click Get Started to sign up.

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What Customers Say About Us

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What Are Robo Advisors?

Robo advisors are digital platforms that offer algorithm-driven, automated investment and financial planning services with almost no human intervention. 

A robo-advisor collects information about a client's financial information and goals and then uses the data to make automated investments and offer financial advice.

Using some of the top robo advisors will give you an inexpensive way of getting started with investing and have everything managed for you.

Benefits of Investing with Robo-Advisors

Inexpensive Way of Investing
Inexpensive Way of Investing
Automated Investments
Automated Investments
Expert Financial Advice
Expert Financial Advice
Professional Investment Management
Professional Investment Management

Got Questions About Robo-Advisors? Get the Answers Here.

What does a robo-advisor cost?
Although pricing can vary from one service to the next, the cost of a robo-advisor is usually determined by:
  • Management fees. These fees are usually around 0.25% to 0.5% of your assets on an annual basis. So for example, for every $10,000 invested, the management fees would be $25 to $50 per year.
  • The funds' expense ratios. Your funds will be invested in various funds that also charge fees based on the value of your assets. These fees usually range between 0.05% to 0.65%, or around $5 to $65 annually, for every $10,000 invested.
Is a robo-advisor a good choice?
Robo-advisors can be a good choice for many investors, depending on their needs and how they want to manage their investment accounts. A robo-advisor can be a good idea if you:
  • Want your money to be managed professionally.
  • Are looking to start investing safely and slowly.
  • Want a lower-cost alternative to a human.
  • Don't understand the markets and want to learn.
  • Want to deposit and have everything managed for you.
What are the best robo advisors?
There are many top-rated robo advisors; Vanguard and SoFi invest are among these and they offer low costs and great benefits. When it comes to easy-to-use robo advisors, Betterment and Ally Invest are also worth mentioning. These are well-known automated investment apps that are known for their reputation and results.
What is a robo advisor?
A robo advisor allows for automated investing by using software and data-driven decisions to make investments on your behalf. It makes it easy for beginner investors to plan for their financial goals with investment help at low cost with minimum or no account fees.
Which robo advisor has the best returns?
According to the Robo Report from BackEnd Benchmarking, some of the robo-advisors that offer the best returns include:
  • Acorns: 3.49%
  • Ally Financial: 3.22%
  • Axos Invest: 4.38%
  • Betterment: 1.80%
  • Ellevest: 2.90%
  • Fidelity Go: 3.88%
  • FutureAdvisor: 3.34%
  • Personal Capital: 1.72%
  • SoFi: 4.03%
The robo-advisor performances above are based on data from 31 December 2017 to 30 June 2020.
Is the SoFi robo advisor legit?
Yes. SoFi Automated Investing is one of the best robo-advisors for low costs. The SoFi robo advisor charges no management fees and there are no account minimums either. Investors can get started with $1.

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