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 TD Ameritrade Essential 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 TD Ameritrade Essential 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, TD Ameritrade Essential Portfolios has annual fees of 0.30%.
When it comes to fees, both Vanguard Personal Advisor Services and TD Ameritrade Essential Portfolios are equal in annual fees.
Let's consider the minimum investment that's required to use both Vanguard Personal Advisor Services and TD Ameritrade Essential Portfolios.
At $5,000, TD Ameritrade Essential 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 TD Ameritrade Essential 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 TD Ameritrade Essential Portfolios ranks 7 out of 10. For more information on either, you can read our full reviews on Vanguard Personal Advisor Services and TD Ameritrade Essential Portfolios.
|Review||Vanguard Personal Advisor Services Review||TD Ameritrade Essential Portfolios 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, Custodial, SEP IRA, SIMPLE IRA, Trusts, 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||Yes|
|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 — 24/7; Live Chat — 24/7; 100+ Local Branches|
|Assets Under Management||$101B||$0|
|Number of Accounts||N/A||N/A|
|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 TD Ameritrade Essential Portfolios
With TD Ameritrade's robo advisor, you can take advantage of having at least some of your portfolio professionally managed while you maintain other self-directed investments. The advisory fee is reasonable, and the company offers local branches as a point of contact. However, details of the service's asset allocation remain cloudy.