Best Robot-Advisors for 2021

Robo-advisors are quickly becoming mainstream, which is good news for consumers who are looking for low-cost financial advice. The number of online advisors continues to swell, as does the range of services. Many now offer socially responsible investment portfolios, access to human financial advisors and comprehensive digital financial planning tools.

Bottom line: There’s now a low-cost advisor option for every type of investor. We’ve covered the best choices below.Robo–advisors or robo-advisers are a class of financial adviser that provide financial advice or Investment management online with moderate to minimal human intervention. … Robo–advisors typically allocate a client’s assets on the basis of risk preferences and desired target return.

Broker	Best For	Commissions	Promotion	Account Minimum	Learn More
Wealthfront NerdWallet rating	Overall	0.25% management fee	$5,000 amount of assets managed for free	$500	OPEN ACCOUNT on Wealthfront’s website
Betterment NerdWallet rating	Overall	0.25% management fee	Up to 1 year of free management with a qualifying deposit	$0	OPEN ACCOUNT on Betterment’s website
Ellevest NerdWallet rating	Overall	0.25% management fee	Up to $750 cash bonus with qualifying deposit	$0	OPEN ACCOUNT on Ellevest’s website
TD Ameritrade Essential Portfolios NerdWallet rating	Overall	0.30% management fee	None no promotion available at this time	$5,000	READ REVIEW
SoFi Automated Investing NerdWallet rating	Overall	0% management fee	Free career counseling plus loan discounts with qualifying deposit	$0	OPEN ACCOUNT on SoFi Wealth’s website
E*TRADE Core Portfolios NerdWallet rating	Overall	0.30% management fee	None no promotion available at this time	$500	OPEN ACCOUNT on E*TRADE’s website
Fidelity Go NerdWallet rating	Overall	0.35% management fee	None No promotion available at this time	$0	READ REVIEW
Wealthsimple NerdWallet rating	Overall	0.40% – 0.50% management fee	$10,000 amount of assets managed for free for one year	$0	READ REVIEW
Schwab Intelligent Portfolios® NerdWallet rating	Overall	0% management fee	None no promotion currently offered	$5,000	READ REVIEW
SigFig NerdWallet rating	Overall	0.25% management fee	First $10,000 managed free	$2,000	READ REVIEW
Axos Invest NerdWallet rating	Overall	0% management fee	None no promotion available at this time	$0	READ REVIEW
Blooom NerdWallet rating https://www.nerdwallet.com/best/investing/robo-advisors	401(k) management	$120 per year	$15 off with code COOODE15	$0	OPEN ACCOUNT on Blooom’s website