Empower vs Vanguard Personal Advisor
Empower is a free advanced tools plus hybrid advisory service for people with over $100k in investments. How does it compare to Vanguard Personal Advisor? Read our comparison chart below.
Empower offers free financial tools and paid wealth management services. Its wealth management fees start at 0.89% of assets under management. Empower free tools include a personal dashboard, fee analyzer, and retirement planner.
While Vanguard Personal Advisor offers automatic investing with personalized service for a low fee of 0.30%. An advisor will build a portfolio for you based on your goals and financial situation. The advisor will also regularly rebalance your portfolio to keep it on track. The minimum to open an account is $50,000.
Compare Empower with Vanguard Personal Advisor, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
Visit Site | Learn More | |
Empower | Vanguard Personal Advisor | |
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Join Empower For Free - | ||
Benefits and Features | ||
Annual Fee | Investment Account: $0; Wealth Management:0.89% for first $1 million, 0.79% for first $3 million, next $2 million 0.69%, next $5 million, 0.59%, and 0.49% over $10 million | |
Minimum Deposit | ||
Phone Support | ||
Live Chat Support | ||
Email Support | ||
Human Advisors | ||
Robo Advisor | ||
Assets Under Management | ||
Minimum Investment | Investment Account: $0; Wealth Management: $100,000 | |
Tax Loss Harvesting | ||
Goal Tracker | ||
Automatic Deposits | ||
Online Platform | ||
iPhone App | ||
Android App | ||
Mobile App | ||
Investment Tracking | ||
Single Stock Diversification | ||
Fractional Shares | ||
Taxable Accounts | ||
401k Plans | ||
IRA Accounts | ||
Roth IRA Accounts | ||
SEP IRA Accounts | ||
Trust Accounts | ||
529 Plans | ||
CreditDonkey® Reviews | ||
Human Advisors | ||
Robo Advisor | ||
Price | ||
Goal Tracker | ||
Budgeting | ||
Customer Service | ||
Ease of Use | ||
Investment Tracking | ||
Retirement Planning | ||
Annual Fee | ||
Minimum Deposit | ||
Pros & Cons | Pros:
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Bottom Line | Free advanced tools plus hybrid advisory service for people with over $100k in investments... | Hybrid robo and human advisor providing personalized advice for low fees, for investors with $50k to start... |
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Empower: Pricing information from published website as of 04/30/2020 Vanguard Personal Advisor: Pricing information from published website as of 04/04/2018 Empower: Empower Personal Wealth, LLC (“EPW”) compensates CREDITDONKEY INC for new leads. CREDITDONKEY INC is not an investment client of Personal Capital Advisors Corporation or Empower Advisory Group, LLC. |
Which is Better: Empower or Vanguard Personal Advisor?
Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Empower or Quicken.
In short: Empower's customer service is excellent.