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 Vanguard Personal Advisor Services 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 Vanguard Personal Advisor Services and Rebalance IRA stack up against each other on these threads.
To start, we will compare the fees for trading with both robo advisors. Vanguard Personal Advisor Services 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, 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 Rebalance IRA.
At $50,000, Vanguard Personal Advisor Services 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 Vanguard Personal Advisor Services does not. If you are someone who wants input on your employee-sponsored retirement account, Rebalance IRA will be your option.
Overall, Vanguard Personal Advisor Services gets a 8/10 rating, while Rebalance IRA gets a 6/10 rating. For more information on either service, you can read our full reviews on Vanguard Personal Advisor Services and Rebalance IRA.
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 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||Vanguard Personal Advisor Services Review||Rebalance IRA Review|
Overall rating as by Investor Junkie.Rating
|Commissions & Fees|
|Ease of Use|
|Tools & Resources|
|Account Fees||0.30%/year||$250 Setup Fee; 0.50%/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, SEP IRA, SIMPLE IRA, 401(k), Solo 401(k), Trusts, Partnerships, Non-Profit|
|Advice||Human Assisted||Human Assisted|
Does the robo-advisor offer assistance with your employer sponsored retirement plan?401(k) Guidance
|Tax Loss Harvesting||No||No|
|Retirement Planning Tools||No||No|
|Automatic Deposits||Weekly, Biweekly, Monthly and Bimonthly||Daily, Weekly, Biweekly, Monthly, Bimonthly and Quarterly|
|Socially Responsible Investing||No||No|
|Invests in Commodities||No||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 8A-8P ET; Email M-F||Phone: M-F 8:30A-8:30P ET; Email|
|Assets Under Management||$101B||$525M|
|Number of Accounts||N/A||1K|
|Sign Up||Sign Up|