SuperMoney 
  E*Trade Core Portfolios

E*Trade Core Portfolios

in Investment Advisors from E-Trade

Unaffiliated

E*Trade Core Portfolios

Unaffiliated

in Investment Advisors from E-Trade

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote
Cast your vote

Would you recommend E*Trade Core Portfolios to your friends?

Thanks for your vote!

Thanks for your vote!

You voted: May or may not recommend

Highlights
Highlights
Minimum Account $500
Management Fee Starting at 0.3%

E*Trade Core Portfolios Review

E*Trade Core Portfolios is a financial services company founded in 1982 and based in New York, NY.

What fees does E*Trade Core Portfolios charge?

E*Trade Core Portfolios uses a fee-only model.

This means E*Trade Core 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.

E*Trade Core Portfolios Fees
Description
Monthly Fee N/A
Annual Fee N/A
Management Fee Starting at 0.3%
Fee Based? Yes
Account Transfer Fee $25 - $60
Account Termination Fee N/A
Investment Expense Ratios 0.05% - 0.11%
IRA Annual Fee N/A

What management fees does E*Trade Core Portfolios charge?

E*Trade Core Portfolios 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 E*Trade Core 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.

E*Trade Core Portfolios charges an investment expense ratio that starts at 0.05% and ranges up to 0.11%.

What features does E*Trade Core 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. E*Trade Core Portfolios allows you to rebalance your investments back to your target asset allocation at set intervals.

Full-service brokerage: E*Trade Core Portfolios 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 E*Trade Core Portfolios support?

E-Trade 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
  • SEP IRA
  • Custodial Accounts
  • Trusts
  • 529 College Savings Plans
  • Employer Sponsored Plans
  • These are the investment options E-Trade offers its clients.

    Investment Choices Options
    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 E*Trade Core Portfolios?

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

    How does E*Trade Core Portfolios compare to other investment advisors?

    Pros & Cons of E*Trade Core Portfolios
    Pros Cons
  • 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.
  • 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...

    Contact

    • Headquarters
    •   145 East 42nd St
      New York, NY 10017
    •   Visit Site

    Hours of Operation

    • Sunday Closed
    • Monday 9:00am - 6:00pm
    • Tuesday 9:00am - 6:00pm
    • Wednesday 9:00am - 6:00pm
    • Thursday 9:00am - 6:00pm
    • Friday 9:00am - 6:00pm
    • Saturday Closed

    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 Account $500
    Accounts Supported
    • Custodial Accounts
    • Individual Non-Retirement Accounts
    • Joint Non-Retirement Accounts
    • Rollover IRA
    • Roth IRA
    • SEP IRA
    • Traditional IRA
    Automatic Rebalancing  
    Investment Features
    • Access to human advisors
    • Automatic Rebalancing
    • Full-service Brokerage
    Software Managed  

    Be the first to rate

     

    Would you recommend E*Trade Core Portfolios to your friends?

    Before we publish your vote:

    Please explain your vote by sharing your experience.

    Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

    Please write a review to submit your vote
    Cancel my vote
    (will require moderator approval)

    Other Investment Advisors

    Betterment
    Mostly recommended

    5 Reviews

    Blooom
    Rating not yet determined In our efforts to provide the community with the most accurate information, recommendation rating is not determined until a sufficient number of SuperMoney users cast their vote

    1 Reviews