

Wealthfront uses an investment model called Path, which was developed by a team of Ph. 25% of assets under management is a cost that will drag down your return on investment over the years. A robo-advisor is a low-cost, automated portfolio management service, which charges a small fee for overseeing your. So on to Wealthfront - I chose them because of the $0 account fees for under $10k ( I was going Wealthfront has changed their algorithm in the past. Robo advising is a relatively new service that many people thought would fail in the initial stages. They usually require more cash to open an investment account, too. Jack founded Vanguard and pioneered indexed mutual funds. Betterment's premium plan has a $100,000 minimum investment to speak to a professional, but your annual fee shoots up to 0. 25% for their digital plan - much lower than the average 1% fee of traditional money managers.

The digital investing account has an annual advisor fee of 0.
