—
—
—
—
$
$$
$$
$$$
$$$
$$
$$$$$
$$$$
—
—
High
Above Average
Average
Below Average
Below Average
Low
—
—
J.P. Morgan Automated Investing*
Ellevest*
Titan
UBS Advice Advantage
US Bancorp Automated Investor
E*Trade Core Portfolios
SoFi Wealth
Marcus Invest
$$
SigFig
Betterment/Betterment Premium
Vanguard Digital Advisor
Overall Assessment
Provider
$$$$
Ally Invest
$$$$
Below Average
Merrill Guided Investing
Above Average
Average
Below Average
Average
Low
Average
Average
Below Average
Average
Low
Below Average
Low
Below Average
Low
—
—
—
—
4.8
3.4
2.3
2.7
3.4
1.6
2.3
3.5
1.3
1.8
2.3
Overall Assessment
Provider
Provider
Price
Price
Portfolio Quality
Parent Company
Parent Company
Morningstar’s Robo-Advisor Evaluations
Parent Company represents the organization that underlies the digital platform.
* We did not assess Ellevest, and J.P. Morgan Automated Investing due to potential conflicts of interest. Morningstar is a minority owner of Ellevest Inc. J.P. Morgan Automated Investing invests in some funds that track Morningstar indexes. While we did not assess these robo-advisors, you can find more information on each of them below.
Source: Morningstar, Inc. evaluations as of May 31, 2023.
Portfolio Quality
Breadth of Services
Breadth of Services
Low
Breadth of Services
Score
Parent Company
Portfolio Quality
Price
Overall Assessment
Score
Score
$$
Fidelity Go
Above Average
Above Average
Above Average
4
$$
Schwab Intelligent Portfolios
Above Average
Above Average
Below Average
High
3.6
$$
Wealthfront
Above Average
Above Average
Average
Average
3.5
$$$$$
Personal Capital/Empower
Below Average
Average
2.3
Average
Average
Below Average
Below Average
High
High
Above Average
Above Average
Average
Above Average
Average
Below Average
Above Average
Average
Above Average
Below Average
Above Average
Low
Low
Below Average
Below Average
Low
Below Average
Low
Average
—
—
—
—
—
—
J.P. Morgan Automated Investing*
—
—
—
—
—
—
Ellevest*
$$$$$
UBS Advice Advantage
Below Average
1.6
Average
Below Average
Low
$$$
SoFi Wealth
Average
Below Average
Below Average
2.7
Above Average
$$
US Bancorp Automated Investor
Below Average
3.4
Above Average
Average
Average
Below Average
$$
SigFig
Above Average
3.4
Average
Average
$$
Schwab Intelligent Portfolios
Above Average
Above Average
Below Average
High
3.6
$
Vanguard Digital Advisor
High
High
4.8
High
Above Average
$$$$
Titan
Low
Low
Low
Low
1.3
Above Average
$$
Fidelity Go
Above Average
Above Average
Above Average
4
$$$
E*Trade Core Portfolios
Below Average
Low
1.8
Below Average
Low
$$
Marcus Invest
Below Average
2.3
Below Average
Below Average
Low
$$
Wealthfront
Above Average
Above Average
Average
Average
3.5
Low
$$$$
Ally Invest
Average
Average
2.3
Below Average
Above Average
Average
$$
Betterment/Betterment Premium
Above Average
Average
3.5
$$$$
Merrill Guided Investing
Average
Average
Below Average
2.3
Low
$$$$
Acorns
Average
Average
Average
Below Average
2.5
—
—
—
—
—
—
J.P. Morgan Automated Investing*
—
—
—
—
—
—
Ellevest*
$$$$
Titan
Low
Low
Low
Low
1.3
$$$$$
UBS Advice Advantage
Below Average
1.6
Average
Below Average
Low
$$$
E*Trade Core Portfolios
Below Average
Low
1.8
Below Average
Low
$$
Marcus Invest
Below Average
2.3
Below Average
Below Average
Low
$$$$
Merrill Guided Investing
Average
Average
Below Average
2.3
Low
Low
$$$$
Ally Invest
Average
Average
2.3
Below Average
$$$$
Wells Fargo Intuitive Investor
Average
Average
Below Average
2.4
Below Average
$$$$
Acorns
Average
Average
Average
Below Average
2.5
Low
$$
Citi Wealth Builder
Average
2.5
Average
Below Average
$$$$
Personal Capital/Empower
Average
Average
2.6
Below Average
Above Average
$$$
SoFi Wealth
Average
Below Average
Below Average
2.7
Above Average
$$
US Bancorp
Below Average
3.4
Above Average
Average
Average
Below Average
$$
SigFig
Above Average
3.4
Average
Average
$$
Wealthfront
Above Average
Above Average
Average
Average
3.5
Above Average
Average
$$
Betterment/Betterment Premium
Above Average
Average
3.5
$$
Schwab Intelligent Portfolios
Above Average
Above Average
Below Average
High
3.6
Above Average
$$
Fidelity Go
Above Average
Above Average
Above Average
4
$
Vanguard Digital Advisor
High
High
4.8
High
Above Average
—
—
—
—
—
—
J.P. Morgan Automated Investing*
—
—
—
—
—
—
Ellevest*
$$$$
Titan
Low
Low
Low
Low
1.3
$$$$$
UBS Advice Advantage
Below Average
1.6
Average
Below Average
Low
$$$
E*Trade Core Portfolios
Below Average
Low
1.8
Below Average
Low
$$
Marcus Invest
Below Average
2.3
Below Average
Below Average
Low
$$$$
Merrill Guided Investing
Average
Average
Below Average
2.3
Low
Low
$$$$
Ally Invest
Average
Average
2.3
Below Average
$$$$
Wells Fargo Intuitive Investor
Average
Average
Below Average
2.4
Below Average
$$$$
Acorns
Average
Average
Average
Below Average
2.5
Low
$$
Citi Wealth Builder
Average
2.5
Average
Below Average
$$$$
Personal Capital/Empower
Average
Average
2.6
Below Average
Above Average
$$$
SoFi Wealth
Average
Below Average
Below Average
2.7
Above Average
$$
US Bancorp
Below Average
3.4
Above Average
Average
Average
Below Average
$$
SigFig
Above Average
3.4
Average
Average
$$
Wealthfront
Above Average
Above Average
Average
Average
3.5
Above Average
Average
$$
Betterment/Betterment Premium
Above Average
Average
3.5
$$
Schwab Intelligent Portfolios
Above Average
Above Average
Below Average
High
3.6
Above Average
$$
Fidelity Go
Above Average
Above Average
Above Average
4
$
Vanguard Digital Advisor
High
High
4.8
High
Above Average
—
—
—
—
—
—
J.P. Morgan Automated Investing*
—
—
—
—
—
—
Ellevest*
$$
Marcus Invest
Below Average
2.3
Below Average
Below Average
Low
$$$
SoFi Wealth
Average
Below Average
Below Average
2.7
Above Average
$$
US Bancorp Automated Investor
Below Average
3.4
Above Average
Average
Average
Below Average
$$
SigFig
Above Average
3.4
Average
Average
$$
Wealthfront
Above Average
Above Average
Average
Average
3.5
Above Average
Average
$$
Betterment/Betterment Premium
Above Average
Average
3.5
$$
Schwab Intelligent Portfolios
Above Average
Above Average
Below Average
High
3.6
Above Average
$$
Fidelity Go
Above Average
Above Average
Above Average
4
$
Vanguard Digital Advisor
High
High
4.8
High
Above Average
—
—
—
—
—
—
J.P. Morgan Automated Investing*
—
—
—
—
—
—
Ellevest*
$$$$
Titan
Low
Low
Low
Low
1.3
$$$$$
UBS Advice Advantage
Below Average
1.6
Average
Below Average
Low
$$$
E*Trade Core Portfolios
Below Average
Low
1.8
Below Average
Low
$$
Marcus Invest
Below Average
2.3
Below Average
Below Average
Low
$$$$
Merrill Guided Investing
Average
Average
Below Average
2.3
Low
Low
$$$$
Ally Invest
Average
Average
2.3
Below Average
$$$$
Acorns
Average
Average
Average
Below Average
2.5
$$$
SoFi Wealth
Average
Below Average
Below Average
2.7
Above Average
$$
US Bancorp Automated Investor
Below Average
3.4
Above Average
Average
Average
Below Average
$$
SigFig
Above Average
3.4
Average
Average
$$
Wealthfront
Above Average
Above Average
Average
Average
3.5
Above Average
Average
$$
Betterment/Betterment Premium
Above Average
Average
3.5
$$
Schwab Intelligent Portfolios
Above Average
Above Average
Below Average
High
3.6
Above Average
$$
Fidelity Go
Above Average
Above Average
Above Average
4
$
Vanguard Digital Advisor
High
High
4.8
High
Above Average
—
—
—
—
—
—
J.P. Morgan Automated Investing*
—
—
—
—
—
—
Ellevest*
$$$$
Titan
Low
Low
Low
Low
1.3
$$$$$
UBS Advice Advantage
Below Average
1.6
Average
Below Average
Low
$$$
E*Trade Core Portfolios
Below Average
Low
1.8
Below Average
Low
$$
Marcus Invest
Below Average
2.3
Below Average
Below Average
Low
$$$$
Merrill Guided Investing
Average
Average
Below Average
2.3
Low
Low
$$$$
Ally Invest
Average
Average
2.3
Below Average
$$$$
Acorns
Average
Average
Average
Below Average
2.5
$$$
SoFi Wealth
Average
Below Average
Below Average
2.7
Above Average
$$
US Bancorp Automated Investor
Below Average
3.4
Above Average
Average
Average
Below Average
$$
SigFig
Above Average
3.4
Average
Average
$$
Wealthfront
Above Average
Above Average
Average
Average
3.5
Above Average
Average
$$
Betterment/Betterment Premium
Above Average
Average
3.5
$$
Schwab Intelligent Portfolios
Above Average
Above Average
Below Average
High
3.6
Above Average
$$
Fidelity Go
Above Average
Above Average
Above Average
4
$
Vanguard Digital Advisor
High
High
4.8
High
Above Average
—
—
—
—
—
—
J.P. Morgan Automated Investing*
—
—
—
—
—
—
Ellevest*
$$$$
Titan
Low
Low
Low
Low
1.3
$$$$$
UBS Advice Advantage
Below Average
1.6
Average
Below Average
Low
$$$
E*Trade Core Portfolios
Below Average
Low
1.8
Below Average
Low
$$
Marcus Invest
Below Average
2.3
Below Average
Below Average
Low
$$$$
Merrill Guided Investing
Average
Average
Below Average
2.3
Low
Low
$$$$
Ally Invest
Average
Average
2.3
Below Average
$$$$
Acorns
Average
Average
Average
Below Average
2.5
$$$
SoFi Wealth
Average
Below Average
Below Average
2.7
Above Average
$$
US Bancorp Automated Investor
Below Average
3.4
Above Average
Average
Average
Below Average
$$
SigFig
Above Average
3.4
Average
Average
$$
Wealthfront
Above Average
Above Average
Average
Average
3.5
Above Average
Average
$$
Betterment/Betterment Premium
Above Average
Average
3.5
$$
Schwab Intelligent Portfolios
Above Average
Above Average
Below Average
High
3.6
Above Average
$$
Fidelity Go
Above Average
Above Average
Above Average
4
$
Vanguard Digital Advisor
High
High
4.8
High
Above Average
—
—
—
—
—
—
J.P. Morgan Automated Investing*
—
—
—
—
—
—
Ellevest*
$$$$
Titan
Low
Low
Low
Low
1.3
$$$$$
UBS Advice Advantage
Below Average
1.6
Average
Below Average
Low
$$$
E*Trade Core Portfolios
Below Average
Low
1.8
Below Average
Low
$$
Marcus Invest
Below Average
2.3
Below Average
Below Average
Low
$$$$
Merrill Guided Investing
Average
Average
Below Average
2.3
Low
Low
$$$$
Ally Invest
Average
Average
2.3
Below Average
$$$$
Acorns
Average
Average
Average
Below Average
2.5
$$$
SoFi Wealth
Average
Below Average
Below Average
2.7
Above Average
$$
US Bancorp Automated Investor
Below Average
3.4
Above Average
Average
Average
Below Average
$$
SigFig
Above Average
3.4
Average
Average
$$
Wealthfront
Above Average
Above Average
Average
Average
3.5
Above Average
Average
$$
Betterment/Betterment Premium
Above Average
Average
3.5
$$
Schwab Intelligent Portfolios
Above Average
Above Average
Below Average
High
3.6
Above Average
$$
Fidelity Go
Above Average
Above Average
Above Average
4
$
Vanguard Digital Advisor
High
High
4.8
High
Above Average
—
—
—
—
—
—
J.P. Morgan Automated Investing*
—
—
—
—
—
—
Ellevest*
$$$$
Titan
Low
Low
Low
Low
1.3
$$$$$
UBS Advice Advantage
Below Average
1.6
Average
Below Average
Low
$$$
E*Trade Core Portfolios
Below Average
Low
1.8
Below Average
Low
$$
Marcus Invest
Below Average
2.3
Below Average
Below Average
Low
$$$$
Merrill Guided Investing
Average
Average
Below Average
2.3
Low
Low
$$$$
Ally Invest
Average
Average
2.3
Below Average
$$$$
Acorns
Average
Average
Average
Below Average
2.5
$$$
SoFi Wealth
Average
Below Average
Below Average
2.7
Above Average
$$
US Bancorp Automated Investor
Below Average
3.4
Above Average
Average
Average
Below Average
$$
SigFig
Above Average
3.4
Average
Average
$$
Wealthfront
Above Average
Above Average
Average
Average
3.5
Above Average
Average
$$
Betterment/Betterment Premium
Above Average
Average
3.5
$$
Schwab Intelligent Portfolios
Above Average
Above Average
Below Average
High
3.6
Above Average
$$
Fidelity Go
Above Average
Above Average
Above Average
4
$
Vanguard Digital Advisor
High
High
4.8
High
Above Average
—
—
—
—
—
—
J.P. Morgan Automated Investing*
—
—
—
—
—
—
Ellevest*
$$$$
Titan
Low
Low
Low
Low
1.3
$$$$$
UBS Advice Advantage
Below Average
1.6
Average
Below Average
Low
$$$
E*Trade Core Portfolios
Below Average
Low
1.8
Below Average
Low
$$
Marcus Invest
Below Average
2.3
Below Average
Below Average
Low
$$$$
Merrill Guided Investing
Average
Average
Below Average
2.3
Low
Low
$$$$
Ally Invest
Average
Average
2.3
Below Average
$$$$
Acorns
Average
Average
Average
Below Average
2.5
$$$
SoFi Wealth
Average
Below Average
Below Average
2.7
Above Average
$$
US Bancorp Automated Investor
Below Average
3.4
Above Average
Average
Average
Below Average
$$
SigFig
Above Average
3.4
Average
Average
$$
Wealthfront
Above Average
Above Average
Average
Average
3.5
Above Average
Average
$$
Betterment/Betterment Premium
Above Average
Average
3.5
$$
Schwab Intelligent Portfolios
Above Average
Above Average
Below Average
High
3.6
Above Average
$$
Fidelity Go
Above Average
Above Average
Above Average
4
$
Vanguard Digital Advisor
High
High
4.8
High
Above Average
$$$$$
UBS Advice Advantage
Below Average
1.6
Average
Below Average
Low
$$$$
Titan
Low
Low
Low
Low
1.3
Low
$$$$
Ally Invest
Average
Average
2.3
Below Average
$$$$
Merrill Guided Investing
Average
Average
Below Average
2.3
Low
$$$$
Acorns
Average
Average
Average
Below Average
2.5
$$$
E*Trade Core Portfolios
Below Average
Low
1.8
Below Average
Low
—
—
—
—
—
—
J.P. Morgan Automated Investing*
—
—
—
—
—
—
Ellevest*
$
Vanguard Digital Advisor
High
High
4.8
High
Above Average
Above Average
$$
Fidelity Go
Above Average
Above Average
Above Average
4
$$
Schwab Intelligent Portfolios
Above Average
Above Average
Below Average
High
3.6
$$
Wealthfront
Above Average
Above Average
Average
Average
3.5
Above Average
Average
$$
Betterment/Betterment Premium
Above Average
Average
3.5
$$
US Bancorp Automated Investor
Below Average
3.4
Above Average
Average
Average
Below Average
$$
SigFig
Above Average
3.4
Average
Average
$$
Marcus Invest
Below Average
2.3
Below Average
Below Average
Low
$$$
SoFi Wealth
Average
Below Average
Below Average
2.7
Above Average
$$$
E*Trade Core Portfolios
Below Average
Low
1.8
Below Average
Low
$$$$
Acorns
Average
Average
Average
Below Average
2.5
$$$$
Merrill Guided Investing
Average
Average
Below Average
2.3
Low
Low
$$$$
Ally Invest
Average
Average
2.3
Below Average
$$$$
Titan
Low
Low
Low
Low
1.3
$$$$$
UBS Advice Advantage
Below Average
1.6
Average
Below Average
Low
Offering
$$$$
Acorns
Average
Average
Average
Below Average
2.5
$$$$
Wells Fargo Intuitive Investor
Average
Average
Average
2.4
Below Average
Low
$$$
Citi Wealth Builder
Average
2.2
Below Average
Below Average
$$$$$
Personal Capital/Empower
Below Average
Average
2.3
Below Average
Above Average
$$$$
Wells Fargo Intuitive Investor
Average
Average
Average
2.4
Below Average
Low
$$$
Citi Wealth Builder
Average
2.2
Below Average
Below Average
$$$$$
Personal Capital/Empower
Below Average
Average
2.3
Below Average
Above Average
Low
$$$
Citi Wealth Builder
Average
2.2
Below Average
Below Average
$$$$
Wells Fargo Intuitive Investor
Average
Average
Average
2.4
Below Average
Low
$$$
Citi Wealth Builder
Average
2.2
Below Average
Below Average
$$$$
Wells Fargo Intuitive Investor
Average
Average
Average
2.4
Below Average
$$$$$
Personal Capital/Empower
Below Average
Average
2.3
Below Average
Above Average
Low
$$$
Citi Wealth Builder
Average
2.2
Below Average
Below Average
$$$$$
Personal Capital/Empower
Below Average
Average
2.3
Below Average
Above Average
$$$$
Wells Fargo Intuitive Investor
Average
Average
Average
2.4
Below Average
$$$$
Wells Fargo Intuitive Investor
Average
Average
Average
2.4
Below Average
Low
$$$
Citi Wealth Builder
Average
2.2
Below Average
Below Average
$$$$$
Personal Capital/Empower
Below Average
Average
2.3
Below Average
Above Average
$$$$
Wells Fargo Intuitive Investor
Average
Average
Average
2.4
Below Average
Low
$$$
Citi Wealth Builder
Average
2.2
Below Average
Below Average
$$$$$
Personal Capital/Empower
Below Average
Average
2.3
Below Average
Above Average
$$$$
Wells Fargo Intuitive Investor
Average
Average
Average
2.4
Below Average
Low
$$$
Citi Wealth Builder
Average
2.2
Below Average
Below Average
$$$$$
Personal Capital/Empower
Below Average
Average
2.3
Below Average
Above Average
$$$$
Wells Fargo Intuitive Investor
Average
Average
Average
2.4
Below Average
Low
$$$
Citi Wealth Builder
Average
2.2
Below Average
Below Average
$$$$$
Personal Capital/Empower
Below Average
Average
2.3
Below Average
Above Average
$$$$
Wells Fargo Intuitive Investor
Average
Average
Average
2.4
Below Average
Low
$$$
Citi Wealth Builder
Average
2.2
Below Average
Below Average
$$$$$
Personal Capital/Empower
Below Average
Average
2.3
Below Average
Above Average
$$$$
Titan
Low
Low
Low
Low
1.3
$$$$$
UBS Advice Advantage
Below Average
1.6
Average
Below Average
Low
$$$
E*Trade Core Portfolios
Below Average
Low
1.8
Below Average
Low
$$
Marcus Invest
Below Average
2.3
Below Average
Below Average
Low
$$$$
Merrill Guided Investing
Average
Average
Below Average
2.3
Low
Low
$$$$
Ally Invest
Average
Average
2.3
Below Average
$$$$$
Personal Capital/Empower
Below Average
Average
2.3
Below Average
Above Average
$$$
SoFi Wealth
Average
Below Average
Below Average
2.7
Above Average
$$
US Bancorp Automated Investor
Below Average
3.4
Above Average
Average
Average
Below Average
$$
SigFig
Above Average
3.4
Average
Average
$$
Wealthfront
Above Average
Above Average
Average
Average
3.5
Above Average
Average
$$
Betterment/Betterment Premium
Above Average
Average
3.5
$$
Schwab Intelligent Portfolios
Above Average
Above Average
Below Average
High
3.6
Above Average
$$
Fidelity Go
Above Average
Above Average
Above Average
4
$
Vanguard Digital Advisor
High
High
4.8
High
Above Average
$$$$
Wells Fargo Intuitive Investor
Average
Average
Average
2.4
Below Average
$$$$
Acorns
Average
Average
Average
Below Average
2.5
Low
$$$
Citi Wealth Builder
Average
2.2
Below Average
Below Average
—
—
—
—
—
—
J.P. Morgan Automated Investing*
—
—
—
—
—
—
Ellevest*
$
Vanguard Digital Advisor
High
High
4.8
High
Above Average
Above Average
$$
Fidelity Go
Above Average
Above Average
Above Average
4
$$
Schwab Intelligent Portfolios
Above Average
Above Average
Below Average
High
3.6
Below Average
$$
SigFig
Above Average
3.4
Average
Average
$$
US Bancorp Automated Investor
Below Average
3.4
Above Average
Average
Average
$$$
SoFi Wealth
Average
Below Average
Below Average
2.7
Above Average
$$$$$
Personal Capital/Empower
Below Average
Average
2.3
Below Average
Above Average
Low
$$$
Citi Wealth Builder
Average
2.2
Below Average
Below Average
$$$$$
UBS Advice Advantage
Below Average
1.6
Average
Below Average
Low
$$$$
Titan
Low
Low
Low
Low
1.3
$$$
E*Trade Core Portfolios
Below Average
Low
1.8
Below Average
Low
$$
Marcus Invest
Below Average
2.3
Below Average
Below Average
Low
$$
Wealthfront
Above Average
Above Average
Average
Average
3.5
Low
$$$$
Ally Invest
Average
Average
2.3
Below Average
Above Average
Average
$$
Betterment/Betterment Premium
Above Average
Average
3.5
$$$$
Merrill Guided Investing
Average
Average
Below Average
2.3
Low
$$$$
Wells Fargo Intuitive Investor
Average
Average
Average
2.4
Below Average
$$$$
Acorns
Average
Average
Average
Below Average
2.5