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 Vanguard Personal Advisor Services and E*TRADE Core Portfolios.
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 Vanguard Personal Advisor Services and E*TRADE Core Portfolios stack up against each other on these features.
To start, we will compare the fees for trading with both robo
advisors. Vanguard Personal Advisor Services has
annual fees at 0.30% fee per year. In
contrast, E*TRADE Core Portfolios has annual fees of 0.30%.
When it comes to fees, both Vanguard Personal Advisor Services and E*TRADE Core Portfolios are equal in annual fees.
Let's consider the minimum investment that's required to use both Vanguard Personal Advisor Services and E*TRADE Core Portfolios.
At $5,000, E*TRADE Core Portfolios 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 E*TRADE Core Portfolios does not. If you are someone who wants help on your employee-sponsored retirement account, Vanguard Personal Advisor Services will be your option.
Overall, Vanguard Personal Advisor Services rates 8 out of 10, while E*TRADE Core Portfolios ranks 7.5 out of 10. For more information on either, you can read our full reviews on Vanguard Personal Advisor Services and E*TRADE Core Portfolios.
Robo-Advisor | ||
|---|---|---|
| Review | Vanguard Personal Advisor Services Review | E*TRADE Core Portfolios Review |
| Overall rating as by Investor Junkie. Rating | 8/10 | 7.5/10 |
| Commissions & Fees | 8.5/10 | 7/10 |
| Customer Service | 7.5/10 | 9/10 |
| Ease of Use | 7/10 | 7/10 |
| Tools & Resources | 6.5/10 | 7/10 |
| Investment Options | 9.5/10 | 7/10 |
| Asset Allocation | 8/10 | 8/10 |
| Promotions | None | None |
| Minimum Investment | $50,000 | $5,000 |
| Account Fees | 0.30%/year | 0.30%/year |
| Accounts Available | Taxable, Joint, Roth IRA, Traditional IRA, Rollover IRA, SEP IRA, SIMPLE IRA, Trusts | Taxable, Joint, Roth IRA, Traditional IRA, Rollover IRA, Custodial |
| Advice | Human Assisted | Human Assisted |
Does the robo-advisor offer assistance with your employer sponsored retirement plan? 401(k) Guidance |  |  |
| Tax Loss Harvesting | | |
| Portfolio Rebalancing | | |
| Retirement Planning Tools | | |
| Automatic Deposits | Weekly, Biweekly, Monthly and Bimonthly | Daily, Weekly, Biweekly and Monthly |
| Clearing Agency | N/A | N/A |
| Self Clearing | | |
| Smart Beta | | |
| Socially Responsible Investing | | |
| Invests in Commodities | | |
| Invests in Real Estate | | |
| Fractional Shares | | |
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 8A-8P ET; Email M-F | Phone: M-F 12A-11:59P ET; Live Chat: 24/7 |
| Assets Under Management | $101B | $4B |
| Number of Accounts | N/A | 229K |
Sign Up | Sign Up | Sign Up |
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.
About E*TRADE Core Portfolios
E*TRADE Core Portfolios offers a robo advisor service at a reasonable cost. If you are an existing E*TRADE customer and are considering an automated investment service, you may want to use Core Portfolios. Unfortunately, you need at least $5,000, and it doesn't offer tax-loss harvesting.
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