Schwab Intelligent Portfolios
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- Finance
$0 advisory fee, $5K minimum, robo-advisor with goal planning. Best free robo.
🆓 Best free robo
Sign up at schwab.com. $5K minimum.
Schwab Intelligent Portfolios is the right pick for free robo-advisory. $0 advisory fee, $5K minimum, goal planning included. Schwab makes money on cash drag (~10% of portfolio sits in low-yield Schwab cash), which is the trade-off.
Pros
- $0 advisory fee
- $5K minimum is low
- Goal planning included
Cons
- Cash drag (~10% in low-yield cash)
- No human advisor access
Schwab Intelligent Portfolio Review: My 1-Year Results vs. Other Robo-Advisors
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