Betterment and Wealthfront top robo-adviser review
Independent robo-adviser start-ups Betterment and Wealthfront top the list of best companies in the field in a review by NerdWallet. Both firms are identified as offering "low account minimums, easy-to-use interfaces, automatic rebalancing, tax-loss harvesting and diversified portfolios", as well as pricing systems which made them attractive to low-level investors. NerdWallet also names Vanguard and Personal Capital as the best hybrid services combining computer automation with human financial advisers.
NerdWallet's ratings are determined by our editorial team. The scoring formulas take into account multiple data points for each financial product and service.

SoFi Automated Investing Learn more on SoFi Invest's website 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. 4.9 /5 Reviewed in: Oct. 2022 Period considered: Aug. - Oct. 2022 0% management fee $0 Free career counseling plus loan discounts with qualifying deposit Learn more on SoFi Invest's website 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.

Fidelity Go® Learn more on Fidelity's website AD Paid non-advisory client promotion Paid non-advisory client promotion. NerdWallet maintains a 401k program through an affiliate of this provider; 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. Being a referral partner influences which products we write about and where and how the product appears on our webpage. Most importantly, however, the content of 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. 4.6 /5 Reviewed in: Dec. 2022 Period considered: Aug. - Dec. 2022 0% - 0.35% management fee $0 None no promotion available at this time Learn more on Fidelity's website AD Paid non-advisory client promotion Paid non-advisory client promotion. NerdWallet maintains a 401k program through an affiliate of this provider; 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. Being a referral partner influences which products we write about and where and how the product appears on our webpage. Most importantly, however, the content of 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.

Wealthfront Learn more on Wealthfront's website 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. 5.0 /5 Reviewed in: March 2023 Period considered: Aug. 2022 - March 2023 0.25% management fee $500 Get $50 customer bonus when you fund your first taxable Investment Account Learn more on Wealthfront's website 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.

Betterment Learn more on Betterment's website 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. 5.0 /5 Reviewed in: Oct. 2022 Period considered: Aug. - Oct. 2022 0.25% with a balance over $20K or qualifying recurring deposit. Otherwise, $4/month. $0 $10 to start None no promotion available at this time Learn more on Betterment's website 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.