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  E*Trade Core Portfolios

E*Trade Core Portfolios

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E*Trade Core Portfolios

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in Investment Advisors from E*Trade Core Portfolios

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Highlights
Minimum Initial Investment $500
Management Fee Starting at 0.3%

E*Trade Core Portfolios Review

Etrade robo advisor is founded in 0 and based in , .

Etrade robo advisor Pros & Cons
The Good The Bad
  • Trades in low-cost ETFs.
  • Access to human advisors.
  • Wide selection of investment options.
  • Broad selection of account types.
  • Competitive investment expense ratios.
  • Tax-loss harvesting not available.
  • Rebalancing is only offered semi-annually, which could potentially be too long for some investments.
Etrade robo advisor FAQ

What fees does Etrade robo advisor charge?

Etrade robo advisor uses a fee-only model.

This means Etrade robo advisor 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.

E*Trade Core Portfolios Fees
Description
Account Transfer Fee $25 - $60
Fee Based?
Investment Expense Ratios 0.05% - 0.11%
Management Fee Starting at 0.3%

What management fees does Etrade robo advisor charge?

Etrade robo advisor charges an annual management fee that starts at 0.3% .

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 Etrade robo advisor?

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.

Etrade robo advisor charges an investment expense ratio that starts at 0.05% and ranges up to 0.11%.

What features does Etrade robo advisor 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. Etrade robo advisor allows you to rebalance your investments back to your target asset allocation at set intervals.

Full-service brokerage: Etrade robo advisor provides access to a wide selection of financial advice and products, such as facilitating trades, managing portfolios, and wealth management services.

What type of investment accounts and asset classes does Etrade robo advisor support?

E*Trade Core Portfolios offers the following types of assets and account types.

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

These are the investment options E*Trade Core Portfolios offers its clients.

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

What is the minimum amount you have to invest to open an account with Etrade robo advisor?

The minimum amount to open an account with Etrade robo advisor is 500.
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About E*Trade Core Portfolios

Feature Breakdown

Investment Expense Ratios 0.05% - 0.11%
Management Fee Starting at 0.3%
Account Transfer Fee $25 - $60
Fee Based
Minimum Initial Investment $500
Accounts Supported
  • Custodial Accounts
  • Individual Non-Retirement Accounts
  • Joint Non-Retirement Accounts
  • Rollover IRA
  • Roth IRA
  • SEP IRA
  • Traditional IRA
Investment Choices
  • ETFs
  • Stocks
  • Bonds
  • Mutual Funds
Investment Features
  • Access to human advisors
  • Automatic Rebalancing
  • Full-service Brokerage

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