The 8 Best Robo-Advisors of September 2022


Robo-advisors are growing increasingly popular, especially with Millennial and Gen Z investors, as an alternative to traditional portfolio management. But not all robo-advisors are created equal.

Robo-advisor—an automated investment platform that uses computer algorithms to invest your money for you—is certainly a hot buzzword in today’s economic landscape (perhaps second to only cryptocurrency). Don’t be lured in by the charm of the first robo- advisor you find.

If you’re ready to jump on the bandwagon, review our list of the best robo-advisors of 2022 to choose a quality option that meets your needs.

8 Best Robo-Advisors of 2022

  • Wealthfront: Best Overall Robo-Advisor
  • Betterment: Best for Mobile Investing
  • SoFi Automated Investing: Best for Fee-Free Investing
  • Vanguard Digital Advisor: Best for Retirement Planning
  • Ally Invest: Best for Beginners
  • Charles Schwab Intelligent Portfolios: Best for Low Fees with High Funds
  • M1 Finance: Best for Experienced Investors
  • Acorns: Best for Micro-Investing

8 Best Robo-Advisors of 2022

Advisor Account Minimum Best for Ease of Use

Wealthfront

$500

Best overall

Very easy

Betterment

$10

Mobile investing

Very easy

SoFi Automated Investing

$0

Fee-free investing

Very easy

Vanguard Digital Advisor

$3,000

Retirement planning

Moderate

Ally Invest

$10

Beginners

Very easy

Charles Schwab Intelligent Portfolios

$5,000

Large accounts, low fees

Easy

M1 Finance

$100

Experienced…



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