Top 3 Robo Advisors

Financial advisors that provide financial advice with moderate to minimum human interactions are called robo-advisors and they are operated on sophisticated algorithms which allows them to allocate, trade and optimize clients assets without human intervention as they are able to make millions of calculations a second. For more information, please log on to 

One of the main advantages of these advisors is that they have a minimum level of a mistake as compared to human and they also cost a fraction of a traditional advisor. They are considered as a revolution in the trading industry as the cost of trading is lower and bringing borderline customers into the market as compared to a human advisor. 

Betterment LLC is one of the most popular and successful software with a more than $10 Billion assets under its management. It takes a passive approach to trade through Apex Clearing Corporation. The main reason for being so successful is that for their digital or standard plan. In Betterment LLC they don’t have a policy of minimum account balance required and they offer portfolio management services for some of their premium clients. 

The company charges a very low percentage of 0.25% fee for its digital plan which allows accessing their automated portfolio management and on the other hand, if you have $2 Million with betterment then customer don’t have to pay anything over and above that. Betterment also offers an account for customers who are planning for their retirement and many other types such as IRA and 401(k). 


Personal capital is all in one online solution platform that provides a suite of financial tools. They have a little over $5 Billion in their assets under management and robot advisor gives a way for its clients to connect with their bank accounts to their platform to keep track of their spending, retirement savings and performance of their portfolio. Its portfolios have 0.09% income expense which is very low. Just like other robo advisor they also have tax loss harvesting and rebalancing. Their free structure is higher than many of their competitors ranging from 0.49% to 0.89% annually. 


Schwab’s Intelligent Portfolios has found a unique way to attract their clients with “zero fees” structure and has grabbed a lot of investors’ attention. They don’t charge account fee or commission but they do enforce a minimum balance of $5000 to open an account in their firm which is the highest minimum balance requirement in robo-advisors investor market segment. Schwab’s also offers accounts like 401k, IRAs and retirement accounts. robo-advise