The Best Robo Advisors for 2025

Robo advisors are an excellent solution for investors who want to take a hands-off approach to portfolio management. They eliminate hefty advisory fees while creating customized portfolios and an even more passive investing experience. But now that there’s what feels like a sea of robo advisors, how do you choose the best one?

We’ve studied the top picks and compiled a guide that breaks down the best robo advisors for 2025. We are giving you our top recommendations and honorable mentions, paying special attention to cost, customization options, tax optimization, and unique features.

Company	Fees	Account Minimum
Betterment	Annual 0.25% fee	$0
SoFi	None	$1
M1 Finance	None	$100
Blooom	$45-$250 per year	$0
Personal Capital	0.89% to 0.49%	$100,000

1. Betterment

Where Betterment shines

Betterment is one of the OG robo advisors on the market, and since it was founded in 2008, it’s continued to offer a user-friendly, transparent, and customer-focused experience. Betterment charges an affordable annual management fee of 0.25%, which may look high compared to other low-cost options on this list. However, Betterment offers stand-out features that benefit investors at every stage: tax-loss harvesting, socially responsible investment strategies, and customizable portfolios.

Investors can also speak to a Certified Financial Planner® using one of Betterment’s financial advice packages. There’s a one-time fee of $299 or $399 for each package, which is comparable to traditional advisors. Betterment officially entered the crypto sphere with its acquisition of crypto robo advisor Makara in early 2022.

2. SoFi

Where SoFi Shines

SoFi offers an incredibly low-cost, automated investing experience that includes no management, advisory, or administrative fees. To keep in line with its commitment to affordability, SoFi also offers free, unlimited access to Certified Financial Planner® and average portfolio expense ratios of 0.05%. Investors have exposure to ETFs in a mix of 13 asset classes for a diverse portfolio that’s built for different risk levels.

Unlike other best robo advisors, SoFi wasn’t started as an investment platform. It was founded in 2011 as an affordable alternative to traditional student loans. It’s since expanded into investing, insurance, home and auto loans, and more. SoFi also secured OCC approval for a national bank charter in 2022, adding banking features to its list of features.

3. M1 Finance

Where M1 Finance Shines

Despite being one of the younger companies on this list (it launched in 2017), M1 Finance  has quickly become known for its extensive portfolio customizations, which is unique for robo advisors. Investors can choose between 60 different pre-built portfolios (called “pies”), build their own, or use M1 Finance’s screener to recommend one. Having a DIY option is better suited for experienced investors, but we like that M1 Finance has affordable approaches for investors at any stage.

M1 Finance created its Owner’s Reward Program in 2021 as a way to grow your portfolio as you spend. The program includes a Visa-backed credit card that earns 1.5%, 2.5%, 5%, or 10% cash back on select companies, and you can then automatically reinvest those earnings in your portfolio.

4. Blooom

Where Blooom Shines

What makes Blooom stand out and shine on this list of best robo advisors is its dedication to 401(k)s. They’ve brought much needed portfolio management to employer-sponsored retirement accounts, and they’re doing it with a very straightforward approach. Basically, you pay a fee of $45 to $250 every year, and Blooom optimizes and manages your portfolio. The fee depends on how much support you want, with the highest tier giving you unlimited and priority advisor access.

Blooom also offers some IRA management, but it’s only for IRAs held at Fidelity. They will also analyze your portfolio for free to see where and if they can help. And yes, it’s Blooom with three o’s.

5. Personal Capital

Where Personal Capital Shines

Most investors know Personal Capital as a free personal finance tool, but it’s also one of the best robo advisors out there if you have at least $100,000 invested. What Personal Capital offers is diversification, transparency, daily rebalancing opportunities, a dedicated human advisor, and a unique three-pronged approach to tax optimization. Advisory clients may also benefit from Personal Capital’s cash management feature that includes aggregate FDIC insurance up to $1.25 million and a 2.02% and 2.15% APY (APY varies over time).

As far as its free features, Personal Capital has robust goal planning tools, excellent retirement planning features, a savings planner, net worth tracker, fee analyzer, cash management, and more.

Honorable Mentions

It’s difficult to pick the best robo advisors because there are so many solid choices out there, and also everyone has different account management needs. To make sure you have all of the options available, we’ve compiled a list of runners up.

E*Trade

• Fees: 0.30%
• Account minimum: $500

E*Trade is an ideal choice for investors with actively managed mutual funds. It also offers an excellent mobile experience, socially responsible investing options, plus low fees and expense ratios. E*Trade, a Morgan Stanley subsidiary, is known for its robust investment platform for active investors.

Interactive Advisors

• Fees: 0.08% to 1.5% annually
• Account minimum: $100 to $50,000

Interactive Advisors is the brainchild of Interactive Brokers, one of the strongest investment platforms available. Where Interactive Advisors stands apart from other robo advisors is that it’s ideal for socially conscious investors with its pre-built portfolios, screeners, and investment vehicles that align with an SRI approach. Interactive Advisors also has one of the largest investment selections for automated investing.

Axos

• Fees: 0.24%
• Account minimum: $500

Axos is a strong contender in the robo advisory space with its strong customization capabilities, socially responsible investment offerings, and low advisory fees. Axos is also known for its long list of personal finance services, like checking and savings accounts, small business banking, and lending.

Ellevest

• Fees: $1 to $9 per month
• Account minimum: $0

Ellevest is a newcomer, but it’s already a stand out with its female-focused approach. This means its algorithm factors in issues that traditionally affect women’s ability to save and invest, such as wage gaps, career breaks, and longer lifespans. There are three tiers of service, all of which include discounted access to human advisory services.

Wealthfront

• Fees: 0.25%
• Account minimum: $500

Wealthfront has long been a leader in the robo advisor space because it offers comprehensive investment management features and goal planning tools. They offer a variety of account types, including 529 college savings plans. What’s missing is that it doesn’t offer fractional shares or access to a human advisor.

How to Choose a Robo Advisor

With so many options available, here’s what we recommend when selecting the best robo advisor for you:

• Low monthly or management fees: Robo advisors take one of two approaches to fees: either a percentage of assets under management (AUM) or a flat monthly fee. Flat fees traditionally look appealing to new investors because you know exactly what you’re paying, but they’re generally more expensive when you have a low balance. When it comes to AUM, a small percentage point can make a massive difference as your balance grows. It’s worth examining the fees and feeling confident in the features those fees are paying for.
• Account types: Robo advisors can manage everything from individual taxable accounts, retirement accounts, and college savings accounts. Make sure the robo advisor you’re considering offers the types of accounts you’re looking for. You can always have accounts at multiple brokerages, but it’s much easier to manage everything when it’s all in one place.
• Customer service: Having strong customer service is a no brainer, and all of the robo advisors on this list offer it. Pay attention to whether or not you can speak to someone on the phone, or if it’s limited to chat and email support.
• Diverse investment options: Diversification is key to a good investment strategy, and having ETFs, bonds, mutual funds, and more makes for a more diverse portfolio.
• Features important to you: Do you want SRI options? Is tax optimization your priority? Do you need access to a human advisor? Think about what you want out of your experience and see how each robo advisor meets your needs.

Best Robo Advisors: The Final Word

Gone are the days of paying hefty advisory fees if you want an investment portfolio tailored to your needs. That’s what technology has brought to the investment world, but it also means you have more choices than ever before. We created this guide to help you narrow down your choices.

• Best Overall: Betterment
• Best Low Cost Robo Advisor: SoFi
• Best for Portfolio Customization: M1 Finance
• Best for 401Ks: Blooom
• Best for Portfolio Management: Personal Capital