Wealthfront
Automated investing and a high-yield cash account Investing
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Overview
Wealthfront offers an automated investing account and a separate Cash Account. Automated Investing charges 0.25% a year; the Cash Account has no account fees and a variable APY.
Best for
Hands-off investors who also want a high-yield cash account.
Pros
- Transparent flat 0.25% fee
- Cash Account with no account fees
- $500 minimum to start investing
Cons
- Variable APY can change
- Advisory fee applies to invested assets
Key features
- Automated investing
- Cash Account with free instant withdrawals
- Fee deducted monthly