Last Updated: 04/18/2025
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Highlights
Minimum Initial Investment
$500
Management Fee
0.24%
Axos Invest Managed Portfolios Review
Axos managed portfolios was founded in 2000 and is based in San Diego, CA. It is a Registered Investment Adviser or RIA. RIAs have a fiduciary duty to work in your best interest. Axos managed portfolios is not tied to a particular company or product and can therefore offer unbiased investment advice.
Axos managed portfolios Pros & Cons
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Axos managed portfolios FAQ
What fees does Axos managed portfolios charge?
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| Monthly Service Fee | $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Management Fee | 0.24% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What management fees does Axos managed portfolios charge?
Axos managed portfolios charges an annual management fee that averages out at 0.24%
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 Axos 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.
Axos managed portfolios does not charge fees based on an investment expense ratio. What features does Axos managed portfolios offer?
Access to human advisors: Robo-advisors are great at keeping costs down and helping investors with modest balances make good investment choices. However, it is also nice to have access to human financial advisors when you need them.
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. Axos managed portfolios allows you to rebalance your investments back to your target asset allocation at set intervals.
Axos 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 Axos managed portfolios support?
Axos Bank offers the following types of assets and account types.
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These are the investment options Axos Bank offers its clients.
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What is the minimum amount you have to invest to open an account with Axos managed portfolios?
The minimum amount to open an account with Axos managed portfolios is $$500.SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
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.
Hours of Operation
Sunday
12:00AM - 12:00AM
Monday
12:00AM - 12:00AM
Tuesday
12:00AM - 12:00AM
Wednesday
12:00AM - 12:00AM
Thursday
12:00AM - 12:00AM
Friday
12:00AM - 12:00AM
Saturday
12:00AM - 12:00AM