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Results: [Investor Type 9]

Attention!

For those interested in long-term investments, I now wholeheartedly recommend Bitcoin as the primary option to consider.

However, it’s essential to educate yourself about this digital asset before diving in, as it can take time to fully grasp its intricacies and potential.

A fantastic starting point is the book “The Bitcoin Standard” (Amazon), which provides an in-depth look at the history, principles, and technology behind Bitcoin.

Once you’re ready to invest, most major exchanges offer similar fees and services, so choose one that best suits your needs. Personally, I use Crypto.com.

It’s crucial to transfer your Bitcoin to a secure wallet once you’ve made your purchase, as leaving it on an exchange can pose risks.

To truly make the most of your investment in Bitcoin, take the time to study and understand its workings. Your financial journey will benefit from a well-informed approach.

I wish you the best in your endeavors.

Sincerely

Michael J. Peterson

 

 

 

 

 

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You are here because

  • You want to invest an amount of at least $100,000.
  • You just want to set up your investment goals and let the robo do the work for you.
  • You are fine with regular support

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Results

We think that Betterment, Personal Capital or Vanguard all make for great choices. Our favorite is Persona Capital as it has the most financial planning tools and an overall easy to use platform. If you are near retirement, Vanguard may be the best option.

Please review all the details thoroughly and be aware of all the pros and cons when it comes to making your final decision.

Biggest independent Robo Advisor
logo of betterment
Our Pick
Retirement Investors
Betterment (Premium Plan)
Personal Capital
Vanguard
Management Fee
0.40%
The management fee for accounts between $1,000,0000-$3,000,000 is 0.89%. Once the account reaches $10,000,000 the fee will drop to 0.49%.
0.30% (charged quarterly)
Account Minimum
$100,000
The account minimum is $100,000. This will give you access to the free management tools.
$50,000
Portfolio
ETFs from about 12 asset classes. The user can choose between a recommendation or decide the percentage of portfolio in each investment.
Customized for each client
Vanguard chooses funds from the over 100 Vanguard mutual funds and ETFs according to your investment goals.
Rebalancing
Tax Loss Harvesting
Fractional Shares
Automatic Deposits
Socially Responsible Investing
Summary
Betterment uses a goal-based investment approach. The service is great, it is easy to use and very beginner friendly. It is also the largest independent robo-advisor. The premium plan will give you unlimited access to Betterments' CFPs
Investors with a high net worth that are looking for tax optimization and a hands-off investing approach with access to human financial planners. Personal Capital has great financial management tools and is definitely the robo advisor of choice when it comes to high profile investing.
Vanguard offers personalized portfolios that are built with the assistance of a human financial planner. Accounts over $500,000 get a dedicated advisor. Vanguard is perfect for retirement investors who are in need of human assistance.
Biggest independent Robo Advisor
logo of betterment
Betterment (Premium Plan)
Management Fee
0.40%
Account Minimum
$100,000
Portfolio
ETFs from about 12 asset classes. The user can choose between a recommendation or decide the percentage of portfolio in each investment.
Rebalancing
Tax Loss Harvesting
Fractional Shares
Automatic Deposits
Socially Responsible Investing
Summary
Betterment uses a goal-based investment approach. The service is great, it is easy to use and very beginner friendly. It is also the largest independent robo-advisor. The premium plan will give you unlimited access to Betterments' CFPs
Our Pick
Personal Capital
Management Fee
The management fee for accounts between $1,000,0000-$3,000,000 is 0.89%. Once the account reaches $10,000,000 the fee will drop to 0.49%.
Account Minimum
The account minimum is $100,000. This will give you access to the free management tools.
Portfolio
Customized for each client
Rebalancing
Tax Loss Harvesting
Fractional Shares
Automatic Deposits
Socially Responsible Investing
Summary
Investors with a high net worth that are looking for tax optimization and a hands-off investing approach with access to human financial planners. Personal Capital has great financial management tools and is definitely the robo advisor of choice when it comes to high profile investing.
Retirement Investors
Vanguard
Management Fee
0.30% (charged quarterly)
Account Minimum
$50,000
Portfolio
Vanguard chooses funds from the over 100 Vanguard mutual funds and ETFs according to your investment goals.
Rebalancing
Tax Loss Harvesting
Fractional Shares
Automatic Deposits
Socially Responsible Investing
Summary
Vanguard offers personalized portfolios that are built with the assistance of a human financial planner. Accounts over $500,000 get a dedicated advisor. Vanguard is perfect for retirement investors who are in need of human assistance.

If you are still unsure about which robo to go for, the following articles may be of interest:

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