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 Hedgeable and Vanguard Personal Advisor Services.
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 Hedgeable 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. Hedgeable has
annual fees at 0.30% fee per year. In
contrast, Vanguard Personal Advisor Services has annual fees of 0.30%.
When it comes to fees, both Hedgeable and Vanguard Personal Advisor Services are equal in annual fees.
Let's consider the minimum investment that's required to use both Hedgeable and Vanguard Personal Advisor Services.
At $1, Hedgeable 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 Hedgeable does not. If you are someone who wants input on your employee-sponsored retirement account, Vanguard Personal Advisor Services will be your option.
Overall, Hedgeable rates 7.5 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 Hedgeable and Vanguard Personal Advisor Services.
|Review||Hedgeable Review||Vanguard Personal Advisor Services 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||0.30%/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, 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||Weekly, Biweekly, Monthly and Yearly||Weekly, Biweekly, Monthly and Bimonthly|
|Clearing Agency||Apex Clearing||N/A|
|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: M-F 9A-6P ET; Live Chat: M-F 9A-6P ET||Phone M-F 8A-8P ET; Email M-F|
|Assets Under Management||$70M||$101B|
|Number of Accounts||2K||N/A|
|Sign Up||Sign Up|
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 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.