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 Rebalance IRA and Fidelity Go.
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 Rebalance IRA and Fidelity Go stack up against each other on these features.
To start, we will compare the fees for trading with both robo
advisors. Rebalance IRA has
annual fees at 0.50% fee per year. In
contrast, Fidelity Go has annual fees of 0.35%.
When it comes to fees, Fidelity Go is the cheaper service.
Let's consider the minimum investment that's required to use both Rebalance IRA and Fidelity Go.
At $10, Fidelity Go requires a smaller minimum deposit.
When it comes to supporting 401(k) plans, there is a clear line of division. Rebalance IRA does offer support for 401(k) plans, while Fidelity Go does not. If you are someone who wants help on your employee-sponsored retirement account, Rebalance IRA will be your option.
|Review||Rebalance IRA Review||Fidelity Go Review|
Overall rating as by Investor Junkie.Rating
|Commissions & Fees|
|Ease of Use|
|Tools & Resources|
|Account Fees||$250 Setup Fee; 0.50%/year||Retirement – 0.35%/year; Taxable – 0.35-0.40%/year|
|Accounts Available||Taxable, Joint, Roth IRA, Traditional IRA, Rollover IRA, Custodial, SEP IRA, SIMPLE IRA, 401(k), Solo 401(k), Trusts, Partnerships, Non-Profit||Taxable, Joint, Roth IRA, Traditional IRA, Rollover IRA|
Does the robo-advisor offer assistance with your employer sponsored retirement plan?401(k) Guidance
|Tax Loss Harvesting|
|Retirement Planning Tools|
|Automatic Deposits||Daily, Weekly, Biweekly, Monthly, Bimonthly and Quarterly||Monthly|
|Clearing Agency||N/A||National Financial Services, LLC|
|Socially Responsible Investing|
|Invests in Commodities|
|Invests in Real Estate|
How can you access the sevice? Website only? Via smartphone app?Access
|Website||Website, iOS App, Android App|
More security to prevent unauthorized access to your account.Two-Factor Authentication
|Customer Service||Phone: M-F 8:30A-8:30P ET; Email||Phone: M-F 8A-8P ET; Live Chat: M-F 8A-8P ET|
|Assets Under Management||$525M||$186M|
|Number of Accounts||1K||N/A|
|Sign Up||Sign Up|
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.
About Fidelity Go
Fidelity Go is Fidelity's entry into the robo advisor space. Its pricing is very transparent, and if you have an existing account, it might be a service for your one-stop shopping. However, the service lacks some of the features that more established robo advisors already offer.