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Ally Invest Managed Portfolios

in Investment Advisors from Ally Financial Inc.

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Ally Invest Managed Portfolios

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in Investment Advisors from Ally Financial Inc.

SuperMoney Net Recommendation Score +100

SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly recommended by SuperMoney users with a score of +100, equating to 5 on a 5 point rating scale.

+100

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

Strongly recommended

16 users recommend
0 users are unsure
0 users don't recommend
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Highlights
Community Rating Strongly recommended
Minimum Initial Investment $100
Management Fee Up to 0.3%
Number of Reviews 16

Ally Invest Managed Portfolios Review

Ally Invest Managed Portfolios is a bank founded in 2001 and based in Philadelphia, PA.

Ally Invest Managed Portfolios Pros & Cons
The Good The Bad
  • Trades in low-cost ETFs.
  • Wide selection of investment options.
  • Broad selection of account types.
  • Competitive investment expense ratios.
  • For investors who can set aside 30% of their portfolio as an interest-earning cash buffer, avoid advisory fees.
  • Does not give access to human finance advisors.
  • Tax-loss harvesting not available.
Ally Invest Managed Portfolios FAQ

What fees does Ally Invest Managed Portfolios charge?

Ally Invest Managed Portfolios uses a fee-only model.

This means Ally Invest Managed Portfolios gets paid a flat fee regardless of what financial products or services you use. It also means they have a fiduciary responsibility to their clients. Instead of making money on trades commissions or selling products, they recommend an asset allocation and get paid a flat-fee or a percentage of the assets under administration. That requires that they act in their client’s financial best interest at all times.

Ally Invest Managed Portfolios Fees
Description
Annual Fee $0
Fee Based?
Investment Expense Ratios 0.06% - 0.1%
Monthly Fee $0

What management fees does Ally Invest Managed Portfolios charge?

Many financial advisors charge based on how much money they oversee by using a fee-structure called “assets under management,” or AUM. For instance, a 0.40% fee translates to $4 per year for every $1,000 an investment advisor manages. Management fees, also known as maintenance fees, cover the operating costs of investment advisors and are typically deducted from your account every month or quarter. The management fee does not cover the underlying expense ratios of the investment vehicles purchased by investment advisors.

What are the investment expense ratios of Ally Invest Managed Portfolios?

Hiring an investment advisor with competitive investment fees is one of the most important steps to maximizing your portfolio's performance. Investment expense ratios can vary drastically depending on the types of accounts and assets involved. A survey by the ICI puts the average expense ratio for actively managed funds at 0.76% and indexed funds at 0.08%. The investment expense ratios of an investment advisor will vary depending on the type of assets they invest in and whether they attach additional charges to fund fees.

Ally Invest Managed Portfolios charges an investment expense ratio that starts at 0.06% and ranges up to 0.1%.

What features does Ally Invest Managed Portfolios offer?

Automatic rebalancing: Having a good balance of investments is important. But a well-balanced portfolio is not something you can set up and forget. Markets are constantly changing and can easily throw your portfolio out of balance. Ally Invest Managed Portfolios allows you to rebalance your investments back to your target asset allocation at set intervals.

Ally Invest Managed Portfolios is registered with the Securities and Exchange Commission, or SEC. Registered investment advisors are required to provide detailed information on the financial and legal status of the company and its staff. This allows investors to examine closely any conflicts of interest and look into the background of the company and its advisory team.

What type of investment accounts and asset classes does Ally Invest Managed Portfolios support?

Ally Financial Inc. offers the following types of assets and account types.

Accounts Supported Options
Supported Options Unsupported Options
  • Individual Non-Retirement Accounts
  • Joint Non-Retirement Accounts
  • Roth IRA
  • Traditional IRA
  • Rollover IRA
  • Custodial Accounts
  • SEP IRA
  • Trusts
  • 529 College Savings Plans
  • Employer Sponsored Plans

These are the investment options Ally Financial Inc. offers its clients.

Investment Choices Options
Supported Options Unsupported Options
  • Stocks
  • Mutual Funds
  • FOREX
  • Futures
  • Bonds
  • International Stocks
  • ETFs
  • Options
  • Pink Sheets / OTCBB
  • Real Estate
  • Startups
  • Marketplace Loans
  • Cryptocurrencies

What is the minimum amount you have to invest to open an account with Ally Invest Managed Portfolios?

The minimum amount to open an account with Ally Invest Managed Portfolios is 100.
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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

  • Headquarters
  •   P.O. Box 13625
    Philadelphia, PA 19101
  •   Visit Site

Hours of Operation

  • Sunday 12:00pm - 12:00pm
  • Monday 12:00pm - 12:00pm
  • Tuesday 12:00pm - 12:00pm
  • Wednesday 12:00pm - 12:00pm
  • Thursday 12:00pm - 12:00pm
  • Friday 12:00pm - 12:00pm
  • Saturday 12:00pm - 12:00pm

Other Services by Ally Financial Inc.

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Feature Breakdown

Minimum Initial Investment $100
Accounts Supported
  • Individual Non-Retirement Accounts
  • Joint Non-Retirement Accounts
  • Roth IRA
  • Traditional IRA
  • Rollover IRA
  • Custodial Accounts
Investment Choices
  • Stocks
  • Mutual Funds
  • FOREX
  • Futures
  • Bonds
  • International Stocks
  • ETFs
Investment Features
  • Automatic Rebalancing
  • SEC Registered

Ally Invest Managed Portfolios Community Reviews

 

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SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly recommended by SuperMoney users with a score of +100, equating to 5 on a 5 point rating scale.

+100

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

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