Fees, Minimums, & Allocations

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Fees, Minimums, & Allocations (Last Updated: 12/31/2022)

Portfolio	Robo Account Minimum	Robo Advisor Annual Advisory Fee	Weighted Average Expense Ratio	Initial Target Asset Allocation (Equities/ Fixed Income/ Miscellaneous/ Cash)	Current Asset Allocation (Equities/ Fixed Income/ Miscellaneous/ Cash)	Initial Domestic/ International Equity Split	Current Domestic/ International Equity Split	Tax Efficiency Ratio (% Muni Bonds of Overall Fixed Income)
Acorns	No minimum	$3/month for Personal; $5/month for Personal Plus	0.0004	61%/39%/0%/0%	58%/42%/0%/0%	84%/16%	71%/29%	0
Ally Invest Robo Portfolios	100	0.30% annually; Also offers 'cash-enhanced' portfolio with 30% invested in cash and no management fee	0.0006	59%/39%/0%/2%	58%/39%/0%/3%	59%/41%	58%/42%	0
Axos Invest	500	0.24% annually	0.0009	64%/36%/0%/0%	64%/36%/0%/0%	62%/38%	62%/38%	0
Betterment	Digital: No minimum; Premium: $100,000	$4/ month or 0.25% anually with $20,000 in platform assets or $250 monthly deposits; additional 0.15% annual fee for Premium	0.0009	65%/35%/0%/0%	65%/35%/0%/0%	49%/51%	57%/43%	0.37
Betterment Broad Impact SRI	Digital: No minimum; Premium: $100,000	$4/ month or 0.25% anually with $20,000 in platform assets or $250 monthly deposits; additional 0.15% annual fee for Premium	0.0015	60%/40%/0%/0%	60%/40%/0%/0%	50%/50%	49%/51%	0.6
Betterment Climate Impact SRI	Digital: No minimum; Premium: $100,000	$4/ month or 0.25% anually with $20,000 in platform assets or $250 monthly deposits; additional 0.15% annual fee for Premium	0.0021	60%/40%/0%/0%	60%/40%/0%/0%	78%/22%	58%/42%	0.36
Betterment Social Impact SRI	Digital: No minimum; Premium: $100,000	$4/ month or 0.25% anually with $20,000 in platform assets or $250 monthly deposits; additional 0.15% annual fee for Premium	0.0019	60%/40%/0%/0%	60%/40%/0%/0%	57%/43%	56%/44%	0.37
Betterment SRI (legacy)	Digital: No minimum; Premium: $100,000	$4/ month or 0.25% anually with $20,000 in platform assets or $250 monthly deposits; additional 0.15% annual fee for Premium	0.0017	60%/40%/0%/0%	60%/40%/0%/0%	50%/50%	48%/52%	0.6
Citi Wealth Builder	1000	0.25% annually; discounted relationship pricing may be available	0.0016	61%/36%/0%/3%	60%/37%/0%/3%	72%/28%	80%/20%	0
Citizens Bank SpeciFi	2000	0.50% annually	0.0007	64%/36%/0%/1%	65%/34%/0%/0%	54%/46%	56%/44%	0
E*Trade Core	500	0.30% annually	0.0004	60%/39%/0%/1%	66%/33%/0%/1%	75%/25%	69%/31%	0
E*Trade Core SRI	500	0.30% annually	0.0014	61%/35%/0%/4%	65%/34%/0%/1%	65%/35%	69%/31%	1
Edelman Financial Engines (EMAP)	5000	1.75%; discounted tiered pricing at higher asset levels	0.001	67%/30%/0%/3%	63%/35%/0%/2%	80%/20%	77%/23%	0
Ellevest	No minimum; Private Client: $1 million	$5/month for Plus; $9/month for Executive	0.0007	62%/36%/0%/2%	56%/42%/0%/2%	71%/29%	61%/39%	0.95
Fidelity Go	$10 minimum ; access to live advisors requires a $25,000 minimum	No Advisory fee on account balances under $25,000; 0.35% on accounts with balances over $25,000	0	61%/39%/0%/0%	60%/39%/0%/1%	71%/29%	70%/30%	1
FutureAdvisor	5000	0.50% annually	0.0006	58%/41%/0%/1%	53%/46%/0%/1%	49%/51%	75%/25%	0
Interactive Advisors	$100 minimum. Some portfolio selections require a higher minimum	Fee between 0.08% - 0.75% annually depending on portfolio selection	0.0007	54%/46%/0%/0%	79%/19%/0%/2%	55%/45%	52%/48%	0.25
JP Morgan Chase Automated Investing	JP Morgan Automated Investing: $500; JP Morgan Personal Advisor: $25,000	Automated Investing: 0.35% annually; Personal Advisor: 0.60%, discounted tiered pricing at higher asset levels; JP Morgan ETF expenses will be rebated or offset against the management fee	0.001	50%/48%/0%/2%	50%/48%/0%/2%	55%/45%	61%/39%	0
Liftoff (Ritholtz Wealth Management)	No minimum	0.50% annually	0.0008	60%/40%/0%/0%	60%/40%/0%/0%	57%/43%	58%/42%	0.39
Marcus Invest Core	5	0.25% annually	0.001	59%/39%/0%/2%	60%/38%/0%/2%	65%/35%	70%/30%	0.9
Marcus Invest Core IRA	5	0.25% annually	0.0005	99%/0%/0%/1%	98%/0%/0%/2%	68%/32%	73%/27%	0.9
Marcus Invest Smart Beta	5	0.25% annually	0.0016	59%/39%/0%/2%	60%/39%/0%/2%	65%/35%	71%/29%	0.9
Marcus Invest SRI	5	0.25% annually	0.0017	60%/39%/0%/1%	60%/39%/0%/2%	64%/36%	70%/30%	0.9
Merrill Edge Guided Investing	Guided Investing: $1,000; Guided Investing with an Advisor: $20,000	Guided Investing: 0.45% annually (digital only); Guided Investing with an Advisor: 0.85% annually	0.0006	60%/39%/0%/1%	58%/40%/0%/2%	66%/34%	71%/29%	0.83
Merrill Edge Guided Investing SRI	Guided Investing: $1,000; Guided Investing with an Advisor: $20,000	Guided Investing: 0.45% annually (digital only); Guided Investing with an Advisor: 0.85% annually	0.0015	59%/37%/0%/4%	60%/38%/0%/2%	65%/35%	69%/31%	0
Morgan Stanley Active	5000	0.30% annually	0.0037	64%/35%/0%/1%	66%/32%/0%/2%	44%/56%	52%/48%	0
Morgan Stanley Defense and Cyber Security	5000	0.30% annually	0.0041	64%/29%/0%/8%	71%/28%/0%/1%	58%/42%	61%/39%	0
Morgan Stanley Emerging Consumer	5000	0.30% annually	0.0044	64%/29%/0%/8%	70%/29%/0%/1%	57%/43%	44%/56%	0
Morgan Stanley Gender Diversity	5000	0.30% annually	0.0041	60%/37%/0%/3%	56%/42%/0%/1%	68%/32%	67%/33%	0.08
Morgan Stanley Genomics	5000	0.30% annually	0.004	49%/45%/0%/6%	57%/42%/0%/1%	56%/44%	59%/41%	0
Morgan Stanley Global Frontier	5000	0.30% annually	0.0054	66%/29%/0%/5%	71%/28%/0%/2%	40%/60%	43%/57%	0
Morgan Stanley Inflation Conscious	5000	0.30% annually	0.0039	58%/30%/3%/9%	60%/34%/6%/1%	63%/37%	57%/43%	0
Morgan Stanley Market Tracking	5000	0.30% annually	0.0007	65%/30%/0%/5%	66%/33%/0%/1%	45%/55%	49%/51%	0
Morgan Stanley Robotics	5000	0.30% annually	0.0042	66%/28%/0%/5%	68%/31%/0%/1%	52%/48%	55%/45%	0
Morgan Stanley SRI	5000	0.30% annually	0.0042	64%/35%/0%/1%	57%/42%/0%/1%	56%/44%	61%/39%	0.08
Personal Capital	100000	0.89% annually; discounted tiered pricing at higher asset levels	0.0009	69%/25%/5%/1%	70%/25%/4%/1%	70%/30%	70%/30%	0
Principal SimpleInvest IRA	5000	0.40% annually. Combined fee between fund fees and management fee capped at 0.85%	0.0046	98%/0%/0%/2%	96%/0%/2%/2%	64%/36%	65%/35%	0
Schwab	Intelligent Portfolios: $5,000; Intelligent Portfolios Premium: $25,000	Intelligent Portfolios: No fee (digital only); Intelligent Portfolios Premium: $300 initial planning fee, $30/month subscription	0.0017	61%/23%/5%/10%	57%/31%/1%/11%	51%/49%	51%/49%	0.71
Schwab Domestic Focus	Intelligent Portfolios: $5,000; Intelligent Portfolios Premium: $25,000	Intelligent Portfolios: No fee (digital only); Intelligent Portfolios Premium: $300 initial planning fee, $30/month subscription	0.0012	65%/25%/0%/11%	60%/25%/0%/15%	78%/22%	75%/25%	0.64
SigFig	2000	No fee for the first $10k; 0.25% annually for balance over $10k	0.0006	62%/37%/0%/1%	58%/40%/0%/1%	58%/42%	56%/44%	0
SoFi	1	No management fee	0.0004	52%/48%/0%/0%	58%/41%/0%/0%	67%/33%	69%/31%	0.65
Stash Smart Portfolio	5	$1/month for Beginner; $3/month for Growth (includes Smart Portfolio); $9/month for Stash+	0.0016	60%/40%/0%/0%	61%/37%/2%/0%	55%/45%	55%/45%	0
T Rowe Price ActivePlus Portfolios IRA	50000	No management fee	0.0074	100%/0%/0%/0%	100%/0%/0%/0%	63%/37%	62%/38%	0
TD Ameritrade (legacy Essential and Selective Portfolios)	Selective Portfolios: $25,000	Selective Portfolios: 0.90% ; discounted tiered pricing at higher asset levels	0.0005	65%/33%/0%/1%	71%/28%/0%/1%	65%/35%	61%/39%	0
TD Ameritrade Automated Investing	Automated Investing: $5,000 ; Automated Investing Plus: $25,000	Automated Investing: 0.30% Annually ; minimum account fee of $75 per year ; Automated Investing Plus: 0.60% annually minimum account fee of $250 a year	0.0009	65%/34%/0%/1%	64%/34%/0%/2%	79%/21%	79%/21%	0
TD Ameritrade SRI	Selective Portfolios: $25,000	Selective Portfolios: 0.75% - 0.90% depending on portfolio selection; discounted tiered pricing at higher asset levels	0.0021	67%/29%/0%/3%	71%/28%/0%/1%	59%/41%	61%/39%	0
Titan Invest	$100 minimum for Titan Flagship; $10,000 relationshp minimum for Titan Opportunities and Offshore	For deposits of $10,000 or more, 1% annually. For deposits less than $10,000, $5 monthly instead	0.0007	100%/0%/0%/0%	69%/0%/5%/25%	100%/0%	94%/6%	0
Titan Invest Offshore	$100 minimum for Titan Flagship; $10,000 relationshp minimum for Titan Opportunities and Offshore	For deposits of $10,000 or more, 1% annually. For deposits less than $10,000, $5 monthly instead	0.0011	100%/0%/0%/0%	74%/0%/0%/26%	0%/100%	53%/47%	0
UBS Advice Advantage	10000	0.75% annually	0.0014	68%/27%/0%/5%	69%/29%/0%/2%	59%/41%	56%/44%	0.81
US Bank Automated Investor	1000	0.24% annually	0.0009	60%/39%/0%/1%	55%/44%/0%/1%	59%/41%	71%/29%	0.93
Vanguard Digital Advisor	Vanguard Personal Advisor Services: $50,000; Vanguard Digital Advisor: $3,000	Vanguard Personal Advisor Services 0.30% annually. Vanguard Digital Advisor combined underlying fund fees and management fees capped at 0.20%	0.0004	58%/38%/0%/4%	54%/45%/0%/2%	59%/41%	68%/32%	0
Vanguard P.A.S.	Vanguard Personal Advisor Services: $50,000; Vanguard Digital Advisor: $3,000	Vanguard Personal Advisor Services 0.30% annually. Vanguard Digital Advisor combined underlying fund fees and management fees capped at 0.20%	0.0007	60%/40%/0%/0%	58%/42%/0%/0%	60%/40%	69%/31%	1
Wealthfront (Risk 4.0 ; 2016)	$500, some additional portfolio features require a higher minimum	0.25% annually	0.0009	65%/35%/0%/0%	61%/39%/0%/0%	67%/33%	72%/28%	0.81
Wealthfront (Risk 4.0 ; 2018)	$500, some additional portfolio features require a higher minimum	0.25% annually	0.0005	60%/40%/0%/0%	62%/37%/0%/1%	69%/31%	75%/25%	0.82
Wealthfront PassivePlus (Risk 4.0 ; 2019)	$500, some additional portfolio features require a higher minimum	0.25% annually	0.0013	45%/35%/19%/0%	48%/33%/18%/1%	60%/40%	76%/24%	0.9
Wells Fargo Intuitive Investor	500	0.35% annually; discounted relationship pricing may be available	0.0015	63%/34%/0%/3%	60%/33%/4%/2%	77%/23%	74%/26%	0
Zacks Advantage	25000	0.70% annually; discounted tiered pricing at higher asset levels	0.0009	57%/34%/0%/9%	57%/37%/1%/6%	72%/28%	91%/9%	1

Produced by The Robo Report

Current allocations as of 12/31/2022. Due to rounding, may not add to 100%.

Weighted average expense ratio calculations exclude cash holdings from the portfolio.