Wealthfront
Best for: Hands-off investors with taxable accounts
0.25% a year
Advisory fee
$500
To start
As of · sources in Details
Pros
- Simple 0.25% fee
- Daily tax-loss harvesting
- Automated and DIY options
Cons
- $500 to start
- Built for people who don't need a human advisor
Who it fits
You have a taxable account and want automation end to end
What reviewers say
Reviewers highlight daily tax-loss harvesting, low-cost ETFs, and automated plus DIY options. The minimum is higher than some, and there's no human advisor by design.
Paraphrased from NerdWallet, Wealthfront review; NerdWallet, Best robo-advisors.
Plain link. uFIRE earns nothing from it.
Details: full breakdown and sources
The numbers
The breakdown
A fully automated robo-advisor with a flat 0.25% fee and daily tax-loss harvesting.
Wealthfront charges a 0.25% yearly advisory fee on its Automated Investing Account, and you can start with $500.
It's built to run on its own: automatic rebalancing and tax-loss harvesting, with tools for people who'd like to plan without talking to anyone.
Review themes, point by point
- Reviewers highlight daily tax-loss harvesting and low-cost ETFs.
- It offers both automated and do-it-yourself investing options.
- The $500 minimum is higher than some rivals.
- It's designed for people who don't want a human advisor.
Reviews reflect each publisher's view on the day they wrote it.
All pros
- Simple 0.25% fee
- Daily tax-loss harvesting
- Automated and DIY options
All cons
- $500 to start
- Built for people who don't need a human advisor
Might fit if
- You have a taxable account and want automation end to end
Maybe look elsewhere if:
- You want to talk with an advisor
- You're starting with less than $500