These firms use a combination of technology and human professionals to provide financial advice at prices lower than traditional advisers typically charge. (Digital-only services listed here generally provide automated-investing advice only, without help from human advisers.)
Robo-product
Five stand-alone financial-advice packages tailored to specific circumstances like planning for retirement or being newly married. Each package includes at least one call with a financial planner and a financial plan delivered via email. Premium service includes unlimited access to financial planners, who can provide comprehensive advice.
minimum INVESTMENT
$0 for stand-alone packages; $100,000 for premium service. (No minimum for digital-only service.)
Annual Fee
$149 to $399 for stand-alone packages; 0.40 percent of assets for premium service. (Add investment costs of 0.10 percent of assets on average for digital-only and premium services).
Robo-Product
Premium service that includes access to certified financial planners and career coaches.
minimum INVESTMENT
$50,000 for premium service; $0 for digital only.
annual fee
0.50 percent of assets for premium service and 0.25 percent of assets for digital only (Add investment costs in range of 0.06 percent to 0.16 percent for both).
robo-PRODUCT
Comprehensive planning tailored for people over 45.
minimum INVESTMENT
$100,000
annual fee
0.50 percent of assets (plus cost of investments, which are .15 percent, on average)
robo-PRODUCT
Advisers available as needed and can help plan for some financial goals like retirement and saving for a home (not all advisers are certified financial planners).
minimum INVESTMENT
$2,000
annual fee
$0 for first $10,000; .25 percent of assets thereafter (plus investment costs of 0.12 percent on average).
robo-product
Advisory service includes unlimited access to certified financial planners who can help create a comprehensive plan with a variety of digital goal-setting tools.
Minimum Investment
$25,000 for advisory service; $5,000 for digital only
annual fee
0.28 percent of assets for advisory service, capped at $900 per quarter, plus cost of investments (0.14 percent for a moderate portfolio). Digital-only service charges only for cost of investments (also 0.14 percent).
Robo-Product
Advice offered primarily by certified financial planners on financial goals, focused mainly on retirement.
Minimum investment
$50,000
Annual fee
0.30 percent of assets, plus investment costs (0.08 percent, on average).
Robo-Product
Black premium service offers on-demand access to its advisers, many of whom are certified financial planners. (Also includes access to airport lounges.)
Minimum investment
$100,000 for black service; $0 for basic service.
Annual fee
0.40 percent of assets for black service; 0.50 percent of assets for basic service. (Add investment costs of 0.12 percent for a typical portfolio in both services).
