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Best Robo-Advisors for December 2024


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Published in Stocks and Investing on by Investopedia   Print publication without navigation

Investopedia carefully researched and analyzed 21 robo-advisor platforms based on 59 criteria to help readers find the best robo-advisor for their portfolio.

The article from Investopedia discusses the top robo-advisors for 2024, highlighting their features, fees, and investment strategies. It evaluates robo-advisors based on factors like account minimums, management fees, investment choices, tax strategies, and customer support. Key players include Betterment, known for its low fees and goal-based investing; Wealthfront, praised for its tax-loss harvesting and high-yield cash account; and Schwab Intelligent Portfolios, which offers no advisory fees but requires a higher account minimum. Other notable mentions are Vanguard Digital Advisor for its low-cost index fund focus, and Fidelity Go for its zero account minimum and fee structure. The article also touches on newer entrants like M1 Finance, which allows for more customization, and SoFi Automated Investing, which integrates with other financial services. Each robo-advisor is tailored to different investor needs, from beginners to those seeking more sophisticated tax strategies or lower costs.

Read the Full Investopedia Article at:
[ https://www.investopedia.com/the-best-robo-advisors-8764849 ]

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