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 Wealthfront and Vanguard Personal Advisor Services.
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 Wealthfront and Vanguard Personal Advisor Services stack up against each other on these features.
To start, we will compare the fees for trading with both robo
advisors. Wealthfront has
annual fees at 0.25% fee per year. In
contrast, Vanguard Personal Advisor Services has annual fees of 0.30%.
When it comes to fees, Wealthfront is the cheaper service.
Let's consider the minimum investment that's required to use both Wealthfront and Vanguard Personal Advisor Services.
At $500, Wealthfront 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 Wealthfront does not. If you are someone who wants input on your employee-sponsored retirement account, Vanguard Personal Advisor Services will be your option.
Overall, Wealthfront rates 9.5 out of 10, while Vanguard Personal Advisor Services ranks 8 out of 10. For more information on either, you can read our full reviews on Wealthfront and Vanguard Personal Advisor Services.
|Review||Wealthfront Review||Vanguard Personal Advisor Services Review|
Overall rating as by Investor Junkie.Rating
|Commissions & Fees|
|Ease of Use|
|Tools & Resources|
|Promotions||$5k Managed for Free||None|
|Account Fees||First $10k managed free; 0.25%/year for $10k+||0.30%/year|
|Accounts Available||Taxable, Joint, Roth IRA, Traditional IRA, Rollover IRA, SEP IRA, Trusts, Non-Profit, 529||Taxable, Joint, Roth IRA, Traditional IRA, Rollover IRA, SEP IRA, SIMPLE IRA, Trusts|
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 Quarterly||Weekly, Biweekly, Monthly and Bimonthly|
|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 7A-5P PT; Email||Phone M-F 8A-8P ET; Email M-F|
|Assets Under Management||$10B||$101B|
|Number of Accounts||244K||N/A|
|Sign Up||Sign Up|
Wealthfront is a robo advisor that emphasizes low fees and automated investing. The service shines when you have a taxable account, and the service is free for accounts under $10k. The negative is it doesn't support fractional shares.
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.