Wealthfront vs Vanguard
Wealthfront is a good robo-advisor for hands-off investor. Fees are low, but lack human advisors. How does it compare to Vanguard? Read our comparison chart below.
Wealthfront has a low fee of 0.25% and a minimum of $500 to open an account. Wealthfront offers advanced planning tools to help provide a complete picture of your financial health and track your goals. However, there are no human advisors.
While Vanguard offers $0 commission on stock and ETF online trades, $0 commission on Vanguard mutual funds, and no minimum deposit.
Compare Wealthfront with Vanguard, side-by-side.
Wealthfront | Vanguard | |
---|---|---|
Wealthfront Cash Account - | ||
Benefits and Features | ||
Savings | ||
Stock Trading | ||
Options Trading | $0 + $1-per-contract fee. Discounts available if you have more than $1 million assets invested in Vanguard ETFs and mutual funds | |
Annual Fee | ||
Minimum Deposit | ||
Mutual Fund Trading | ||
Commission Free ETFs | Around 1,800 ETFs from about 100 other companies | |
Phone Support | ||
Live Chat Support | ||
Email Support | ||
Human Advisors | ||
Robo Advisor | ||
Assets Under Management | ||
Tax Loss Harvesting | ||
Goal Tracker | ||
Automatic Deposits | ||
Broker Assisted Trades | ||
Inactivity Fee | ||
Maintenance Fee | $20/year. Waived if account owner signs up for e-delivery service OR have at least $10,000 in Vanguard ETFs and mutual funds | |
Online Platform | ||
iPhone App | ||
Android App | ||
Banking | ||
Mobile App | ||
Desktop App | ||
Forex Trading | ||
Futures Trading | ||
Customer Service | ||
Locations | ||
Online Community | ||
Seminars | ||
Virtual Trading | ||
Single Stock Diversification | ||
Fractional Shares | ||
Taxable Accounts | ||
401k Plans | ||
IRA Accounts | ||
Roth IRA Accounts | ||
SEP IRA Accounts | ||
Trust Accounts | ||
529 Plans | ||
CreditDonkey® Reviews | ||
Annual Fee | ||
Minimum Deposit | ||
Investment Types | ||
Customer Service | ||
Pros & Cons | Pros:
| |
Bottom Line | Good robo-advisor for hands-off investor. Fees are low, but lack human advisors... | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Wealthfront: Pricing information from published website as of 04/20/2024. Vanguard: Pricing information from published websites as of 10/17/2023. |
Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Wealthfront or Acorns.