ROBO ADVISOR RANKING

Best Taxable Portfolios
Growth
02

Wealthfront - Risk Score 4.5 Portfolio

Minimum Amount: $500

Management Fee: 0.25%

Wealthfront

Wealthfront’s “4.5” Portfolio ranked the highest in our composite scoring of growth portfolios while other Wealthfront portfolios rounded off the top 5 for all surveyed growth portfolios. The underlying ETFs chosen by the portfolio posted a 0.61% return within the “Review Period”. Adding up both ETF level fees and the management fee charged by Wealthfront yields a total cost to invest in the portfolio of 0.33%. Wealthfront was one of the first robo-advisors to enter the market and continues to offer a host of additional services that investors are sure to love, including: tax loss harvesting, allocating assets based on tax status, offering lines of credit you can borrow against your portfolio, and aggregating your other finances in order to provide a fuller picture of your overall financial health for your personal decision-making. Wealthfront also offers better tax loss harvesting and variations on portfolio selection when you invest $100,000 or more. Accounts over $500,000 gain access to a more advanced allocating strategy known as smart beta. Wealthfront also supports 529 college savings plan accounts; many robo-advisors do not.

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Suggested Use: For investors who want a robust robo-advisor or are looking to save for college expenses and want a 529 savings plan.

1 year return Total cost Minimum deposit Tax services Auto deposits Human adviser Fractional Shares Automatic Dividend Reinvesting Automatic Rebalancing SRI Strategy
1
0.61% 0.33% $500 Tax loss harvesting and better tax services on larger accounts
2
0.44% 0.33% $500 Tax loss harvesting and better tax services on larger accounts
3
0.01% 0.33% $500 Tax loss harvesting and better tax services on larger accounts
4
-0.01% 0.33% $500 Tax loss harvesting and better tax services on larger accounts
5
-0.14% 0.33% $500 Tax loss harvesting and better tax services on larger accounts