We've reviewed many investing and personal finance services. We want to help you make the best decision of which service best suits your needs.
This comparison we review Ellevest and .
From our research, annual fees, minimum deposit, and 401(k) support the most important
features which choosing a robo advisor. Let's look at how Ellevest and stack up against each other on these features.
To start, we will compare the fees for trading with both robo
advisors. Ellevest has
annual fees at 0.25% fee per year. In
contrast, has annual fees of %.
When it comes to fees, wins by not charging anything to use their service.
Let's consider the minimum investment that's required to use both Ellevest and .
At $0, requires a smaller minimum deposit.
When it comes to supporting 401(k) plans, there is a clear line of division. Ellevest does offer support for 401(k) plans, while does not. If you are someone who wants help on your employee-sponsored retirement account, Ellevest will be your option.
Overall, Ellevest rates 7.5 out of 10, while ranks out of 10. For more information on either, you can read our full reviews on Ellevest and .
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Ellevest is a robo advisor investing platform that targets women specifically. It can offer custom plans that are tailored to the needs of women. A good argument can be made for the necessity for taking women's particular situations into accounts. After all, they tend to live longer yet earn less. However, is a completely separate robo advisor really needed? We'll let you be the judge after reading our review.