At Investor Junkie, we reviewed over one hundred investing and personal finance services. Our goal is to bring you the most honest, simple, and informative reviews. It turns out; users also want to compare specific services.
This review compares Vanguard Personal Advisor Services and FutureAdvisor. 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 Vanguard Personal Advisor Services and FutureAdvisor 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, FutureAdvisor has annual fees of 0.50%.
When it comes to fees, Vanguard Personal Advisor Services is the cheaper service.
Let's consider the minimum investment that's required to use both Vanguard Personal Advisor Services and FutureAdvisor.
At $10,000, FutureAdvisor requires a smaller minimum deposit.
Both Vanguard Personal Advisor Services and FutureAdvisor can help assist with your 401(k) plan.
Overall, Vanguard Personal Advisor Services rates 8 out of 10, while FutureAdvisor ranks 7 out of 10. For more information on either, you can read our full reviews on Vanguard Personal Advisor Services and FutureAdvisor.
|Review||Vanguard Personal Advisor Services Review||FutureAdvisor Review|
Overall rating as by Investor Junkie.Rating
|Commissions & Fees|
|Ease of Use|
|Tools & Resources|
|Accounts Available||Taxable, Joint, Roth IRA, Traditional IRA, Rollover IRA, SEP IRA, SIMPLE IRA, Trusts||Taxable, Joint, Roth IRA, Traditional IRA, Rollover IRA, SEP IRA, 529, Coverdell|
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 Bimonthly||Daily, Weekly, Biweekly, Monthly, Bimonthly and Quarterly|
|Clearing Agency||N/A||Apex Clearing|
|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 8A-8P ET; Email M-F||Phone: M-F 8:30A-5P PT; Email|
|Assets Under Management||$101B||$1B|
|Number of Accounts||N/A||7K|
|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.
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.