Automate your investing with top robo-advisors for passive portfolio management.
8 tools tested | Updated monthly | Independent reviews
Robo-advisors are ideal for investors who want professional portfolio management without the high fees of traditional advisors. Betterment and Wealthfront dominate the market. Key differentiators: management fees, tax-loss harvesting capabilities, account minimums, financial planning tools, and access to human advisors. Investors with $100K+ should consider Wealthfront's direct indexing for superior tax optimization.
Rating: 4.5/5 | Editor's Choice | Pricing: 0.25%/year
America's largest independent robo-advisor with automated investing and tax optimization.
Rating: 4.5/5 | Pricing: 0.25%/year
Robo-advisor with direct indexing, financial planning, and high-yield cash account.
Rating: 4.3/5 | Pricing: ~0.15% annual advisory fee; $3,000 minimum
Low-cost robo-advisor from Vanguard with index fund portfolios
Rating: 4.2/5 | Pricing: Free (M1 Plus: $125/yr)
Free automated investing with custom portfolio Pies.
Rating: 4.2/5 | Pricing: From $12/mo
Robo-advisor designed for women with goal-based investing and impact portfolios.
Rating: 4.2/5 | Pricing: Free dashboard; advisory from 0.89% annual fee
Free wealth management dashboard and premium advisory service
Rating: 4.1/5 | Pricing: Free (no advisory fees); Premium $30/month
Free automated investing from Charles Schwab
Rating: 3.8/5 | Pricing: $3 – $12/mo
Micro-investing app that rounds up purchases to invest spare change, with retirement accounts, banking, and rewards.
We evaluate robo-advisors by opening funded accounts, tracking real portfolio performance over 12+ months, measuring tax-loss harvesting efficiency, analyzing asset allocation methodology, and testing financial planning tools. Fee structures are compared on a total cost basis.
Based on our testing, Betterment is our top pick with a rating of 4.5/5.
We evaluate robo-advisors by opening funded accounts, tracking real portfolio performance over 12+ months, measuring tax-loss harvesting efficiency, analyzing asset allocation methodology, and testing financial planning tools. Fee structures are compared on a total cost basis.
Yes. While we may earn affiliate commissions, our editorial team tests every product independently. Ratings are never influenced by commercial relationships.
We re-test and update our robo-advisors reviews at least quarterly to ensure accuracy.
Betterment (4.5/5) and Wealthfront (4.5/5) are both top-rated. Read our detailed comparison for a side-by-side breakdown.