These firms use a combination of technology and human professionals to provide financial advice at prices lower than traditional advisers typically charge. (Digital-only services listed here generally provide automated-investing advice only, without help from human advisers.)
Five stand-alone financial-advice packages tailored to specific circumstances like planning for retirement or being newly married. Each package includes at least one call with a financial planner and a financial plan delivered via email. Premium service includes unlimited access to financial planners, who can provide comprehensive advice.
$0 for stand-alone packages; $100,000 for premium service. (No minimum for digital-only service.)
$149 to $399 for stand-alone packages; 0.40 percent of assets for premium service. (Add investment costs of 0.10 percent of assets on average for digital-only and premium services).
Premium service that includes access to certified financial planners and career coaches.
$50,000 for premium service; $0 for digital only.
0.50 percent of assets for premium service and 0.25 percent of assets for digital only (Add investment costs in range of 0.06 percent to 0.16 percent for both).
Comprehensive planning tailored for people over 45.
0.50 percent of assets (plus cost of investments, which are .15 percent, on average)
Advisers available as needed and can help plan for some financial goals like retirement and saving for a home (not all advisers are certified financial planners).
$0 for first $10,000; .25 percent of assets thereafter (plus investment costs of 0.12 percent on average).
Advisory service includes unlimited access to certified financial planners who can help create a comprehensive plan with a variety of digital goal-setting tools.
$25,000 for advisory service; $5,000 for digital only
0.28 percent of assets for advisory service, capped at $900 per quarter, plus cost of investments (0.14 percent for a moderate portfolio). Digital-only service charges only for cost of investments (also 0.14 percent).
Advice offered primarily by certified financial planners on financial goals, focused mainly on retirement.
0.30 percent of assets, plus investment costs (0.08 percent, on average).
Black premium service offers on-demand access to its advisers, many of whom are certified financial planners. (Also includes access to airport lounges.)
$100,000 for black service; $0 for basic service.
0.40 percent of assets for black service; 0.50 percent of assets for basic service. (Add investment costs of 0.12 percent for a typical portfolio in both services).