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 FutureAdvisor 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 FutureAdvisor and stack up against each other on these features.
To start, we will compare the fees for trading with both robo
advisors. FutureAdvisor has
annual fees at 0.50% 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 FutureAdvisor and .
At $0, requires a smaller minimum deposit.
When it comes to supporting 401(k) plans, there is a clear line of division. FutureAdvisor does offer support for 401(k) plans, while does not. If you are someone who wants help on your employee-sponsored retirement account, FutureAdvisor will be your option.
Overall, FutureAdvisor rates 7 out of 10, while ranks out of 10. For more information on either, you can read our full reviews on FutureAdvisor and .
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FutureAdvisor lets you test-drive its service for free and is one of the few robo advisors that can manage your 529 college savings plan. However, the bad news is the service's fees are higher than those of most of its competition.