At Investor Junkie, we reviewed over 100 investing and personal finance services. Our goal is to bring you the most honest, simple, and informative reviews. Turns out, users also want to compare specific services.
This review compares Hedgeable and Rebalance IRA. 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 Hedgeable and Rebalance IRA stack up against each other on these threads.
To start, we will compare the fees for trading with both robo advisors. Hedgeable has a fees starting at 0.30% fee per year. To contrast, Rebalance IRA has annual fees of 0.50%.
When it comes to fees, Hedgeable is the cheaper service.
Let's consider the minimum investment that's required to use both Hedgeable and Rebalance IRA.
At $1, Hedgeable requires a smaller minimum deposit.
When it comes to support for 401(k) plans, there is a clear line of division. Rebalance IRA does offer support for 401(k) plans, while Hedgeable does not. If you are someone who wants input on your employee-sponsored retirement account, Rebalance IRA will be your option.
Hedgeable lets everyday investors take advantage of the "insider" techniques of the biggest hedge funds. It offers one of the industry's most diverse portfolio, and there's no required account minimum. However, on the downside, Hedgeable's fees are a bit on the steep side.
About Rebalance IRA
Rebalance IRA provides insight into your portfolio and helps you make better decisions by not letting emotions get in the way and selling too often. It also helps you determine the right asset allocation. However, Rebalance IRA is good only for investors who have portfolios of $100,000 or more.
|Review||Hedgeable Review||Rebalance IRA Review|
Overall rating as by Investor Junkie.Rating
|Commissions & Fees|
|Ease of Use|
|Tools & Resources|
|Account Fees||0.30% – 0.75%/year — Depends upon amount deposited||$250 Setup Fee; 0.50%/year|
|Accounts Available||Taxable, Joint, Roth IRA, Traditional IRA, Rollover IRA, Custodial, SIMPLE IRA, Solo 401(k), Trusts||Taxable, Joint, Roth IRA, Traditional IRA, Rollover IRA, Custodial, SEP IRA, SIMPLE IRA, 401(k), Solo 401(k), Trusts, Partnerships, Non-Profit|
Does the robo-advisor offer assistance with your employer sponsored retirement plan?401(k) Guidance
|Tax Loss Harvesting||Yes — All Taxable Accounts||No|
|Retirement Planning Tools||No||No|
|Automatic Deposits||Weekly, Biweekly, Monthly and Yearly||Daily, Weekly, Biweekly, Monthly, Bimonthly and Quarterly|
|Clearing Agency||Apex Clearing||N/A|
|Socially Responsible Investing||Yes||No|
|Invests in Commodities||Yes||No|
|Invests in Real Estate||Yes||Yes|
How can you access the sevice? Website only? Via smartphone app?Access
|Website, iOS App, Android App||Website|
More security to prevent unauthorized access to your account.Two-Factor Authentication
|Customer Service||Phone: M-F 9A-6P ET; Live Chat: M-F 9A-6P ET||Phone: M-F 8:30A-8:30P ET; Email|
|Assets Under Management||$70M||$525M|
|Number of Accounts||2K||1K|
|Sign Up||Sign Up|