Best Robo-Advisors
A robo-advisor's job is to build a sensible portfolio, rebalance it, and keep you invested — all for a low, transparent fee. The best ones do it quietly and cheaply.
A robo-advisor builds a diversified portfolio, rebalances it automatically, and helps keep you from panic-selling — for a fee far below a traditional advisor. All three picks here are verified: we confirmed each one’s fee and minimum on the provider’s own pricing page.
The three cover the spectrum. Betterment is the easiest entry point at 0.25% with no minimum. Wealthfront matches the 0.25% fee, asks for a $500 minimum, and leans hardest into automated tax-loss harvesting. Schwab Intelligent Portfolios charges no advisory fee at all — the trade-off being a $5,000 minimum and a required cash allocation that can drag on returns. None are FDIC-insured; portfolios carry SIPC protection. Fees can change; this is not financial advice.
Frequently asked questions
How did you verify these robo-advisors?
We fetched each provider's management fee and account minimum from its own pricing page. Betterment and Wealthfront charge 0.25%; Schwab Intelligent Portfolios charges no advisory fee but requires a cash allocation. Fees can change, so confirm current pricing before investing.
Are robo-advisor accounts FDIC insured?
No. Robo-advisor portfolios are investments, not bank deposits, so they are not FDIC-insured — they carry SIPC protection for securities if the firm fails. Some providers sweep idle cash to FDIC-insured partner banks, but invested portfolios are never FDIC-insured.