At Investor Junkie, we reviewed over one hundred investing and personal finance services. Our goal is to bring you the most honest, simple, and informative reviews. It turns out; users also want to compare specific services.
This review compares Charles Schwab Intelligent Portfolios and Vanguard Personal Advisor Services. The better service depends on your needs. So let's dive in!
According to our readers (you!), when it comes to robo advisors, people care most about the
fees, minimum investment requirements, and whether or not the service supports for 401(k) plans.
Let's look at how Charles Schwab Intelligent Portfolios and Vanguard Personal Advisor Services stack up against each
other on these features.
To start, we will compare the fees for trading with both robo
advisors. Charles Schwab Intelligent Portfolios has
annual fees at 0% fee per year. In
contrast, Vanguard Personal Advisor Services has annual fees of 0.30%.
Charles Schwab Intelligent Portfolios wins because their service is free to use.
Let's consider the minimum investment that's required to use both Charles Schwab Intelligent Portfolios and Vanguard Personal Advisor Services.
At $5,000, Charles Schwab Intelligent Portfolios requires a smaller minimum deposit.
When it comes to supporting 401(k) plans, there is a clear line of division. Vanguard Personal Advisor Services does offer support for 401(k) plans, while Charles Schwab Intelligent Portfolios does not. If you are someone who wants input on your employee-sponsored retirement account, Vanguard Personal Advisor Services will be your option.
Overall, Charles Schwab Intelligent Portfolios rates 8.5 out of 10, while Vanguard Personal Advisor Services ranks 8 out of 10. For more information on either, you can read our full reviews on Charles Schwab Intelligent Portfolios and Vanguard Personal Advisor Services.
|Review||Charles Schwab Intelligent Portfolios Review||Vanguard Personal Advisor Services Review|
Overall rating as by Investor Junkie.Rating
|Commissions & Fees|
|Ease of Use|
|Tools & Resources|
|Accounts Available||Taxable, Joint, Roth IRA, Traditional IRA, Rollover IRA, Custodial, SEP IRA, SIMPLE IRA, Trusts||Taxable, Joint, Roth IRA, Traditional IRA, Rollover IRA, SEP IRA, SIMPLE IRA, Trusts|
Does the robo-advisor offer assistance with your employer sponsored retirement plan?401(k) Guidance
|Tax Loss Harvesting||— All Taxable Accounts|
|Retirement Planning Tools|
|Automatic Deposits||Monthly, Bimonthly and Quarterly||Weekly, Biweekly, Monthly and Bimonthly|
|Socially Responsible Investing|
|Invests in Commodities|
|Invests in Real Estate|
How can you access the sevice? Website only? Via smartphone app?Access
|Website, iOS App, Android App||Website, iOS App, Android App|
More security to prevent unauthorized access to your account.Two-Factor Authentication
|Customer Service||Phone: 24/7; Live Chat: 24/7; Email||Phone M-F 8A-8P ET; Email M-F|
|Assets Under Management||$27B||$101B|
|Number of Accounts||N/A||N/A|
|Sign Up||Sign Up|
About Charles Schwab Intelligent Portfolios
Schwab Intelligent Portfolios is Charles Schwab’s fee-free robo-investing service. And with the company's family of financial services, it's a one-stop shop: You can have some of your portfolio professionally managed through Intelligent Portfolios while being free to take advantage of all of the other benefits that Schwab offers.
About Vanguard Personal Advisor Services
A solid entry into the robo advisor space, Vanguard Personal Advisor Services is backed by the trusted Vanguard brand and features real, live human advisors you can call. Unfortunately, the service requires a hefty $50k deposit, which excludes many beginning investors.