Best Robo Advisor Companies

Browse Investopedia's independent, expert reviews and roundups to find the best robo-advisor for you. 

Investopedia Best Robo-Advisors 2023

Investopedia's Best Robo-Advisors 2023

Robo-advisors, or digital investment managers, are a great tool for those investors who want automated investing services. Robo-advisors provide more accessible investing and money management options at a fraction of the cost.

Investopedia’s editorial team reviewed dozens of digital investing platforms using its comprehensive rating methodology to determine consumers’ best robo-advisor options across metrics including product offerings, cost, ease-of-use, education, and customer support.

Winners

  • Best Overall: Wealthfront
  • Best for Goal Planning: Wealthfront
  • Best For Portfolio Construction: Wealthfront
  • Best For Portfolio Management: Wealthfront
  • Best for Socially Responsible Investing: M1 Finance
  • Best for Sophisticated Investors: M1 Finance
  • Best for Low Costs: M1 Finance
  • Best for Beginners: Betterment
  • Best for Cash Management: Betterment
  • Best for Education: Merrill Guided Investing
  • Best Mobile App: E*TRADE Core Portfolios

Explore Best Robo Advisor Companies

The image shows M1 Finance vs ETrade with a teal background with white square designs.
M1 Finance vs. E*TRADE Core Portfolios: Which Is Best for You?
Vanguard Review
Vanguard Digital Advisor Review 2023
The image showcases M1 Finance logo vs Betterment Logo, it has a teal background with white square designs
M1 Finance vs. Betterment: Which Should You Choose?
Image shows two robo-advisor logos for Betterment and Wealthfront.
Betterment vs. Wealthfront: Which Is Best for You?
The images shows the Wealthfront logo vs the ETrade logo, with a teal background and white square designs
Wealthfront vs. E*TRADE Core Portfolios: Which Is Right for You?
Wealthfront vs Vanguard
Wealthfront vs. Vanguard Personal Advisor: Which Is Best for You?
Merrill Guided Investing Review 2023: The image shows people documenting on sticking notes.
Merrill Guided Investing Review 2023
Charles Schwab Review
Schwab Intelligent Portfolios Review 2023
Stash
Stash Review
Interactive Advisors Review
Interactive Advisors Review
Ally Invest
Ally Invest Robo Portfolios Review 2023
Wealthsimple Review
Wealthsimple Review
M1 Finance Review 2023: M1 Finance logo in the middle with $100 bills in the background.
M1 Finance Review 2023
Vanguard
Vanguard Personal Advisor Review 2023
The image shows Merrill logo vs ETrade Logo with a teal background and white square designs.
Merrill Guided Investing vs. E*TRADE Core Portfolios: Which Is Best For You?
Fidelity go
Fidelity Go Review
Wells Fargo Intuitive Investor Review
Wells Fargo Intuitive Investor Review
The images shows the Betterment logo vs the ETrade logo, with a teal background with white square designs.
Betterment vs. E*TRADE Core Portfolios: Which Is Best for You?
Image shows two robo-advisor logos for M1 Finance and Wealthfront.
M1 Finance vs. Wealthfront: Which Is Right for You?
Betterment vs Vanguard
Betterment vs. Vanguard Personal Advisor Services: Which Is Best for You?
Betterment vs Charles Schwab
Betterment vs. Schwab Intelligent Portfolios
Wealthfront vs Charles Schwab
Wealthfront vs. Schwab Intelligent Portfolios: Which Is Best for You?
Personal Capital vs Vanguard
Empower vs. Vanguard Personal Advisor: Which Is Best for You?
Betterment vs Fidelity Go
Betterment vs. Fidelity Go: Which Is Right for You?
SigFig
SigFig Review 2023
Sofi Review
SoFi Automated Investing Review 2023
Ellevest Review
Ellevest Review 2023
Empower Recirc
Empower Review 2023
Investopedia 2020 Best Robo-Advisors Awards
Robo Final
Investopedia 2019 Best Robo-Advisors Awards
Titan Review 2023