Last Updated: 04/18/2025
No Reviews Yet
This product has no reviews yet. Help others by sharing your thoughts.
Be the first to rateExplore a similar product
Try this top product in Investment Advisors
Acorns Invest
Strongly recommended40 reviews
Community Recommended Products
View AllSponsored
Strongly recommended40 Reviews
Learn MoreSponsored
Mostly recommended9 Reviews
Learn More
Strongly recommended16 Reviews
Learn MoreCompare All Investment Advisors
Filter & compare all your options in one place.
Highlights
Minimum Initial Investment
$5,000
Management Fee
Starting at .30%
TD Ameritrade Essential Portfolios Review
TD Ameritrade Essential Portfolios was founded in 1971 and is based in San Francisco, CA. It is a Registered Investment Adviser or RIA. RIAs have a fiduciary duty to work in your best interest. TD Ameritrade Essential Portfolios is not tied to a particular company or product and can therefore offer unbiased investment advice.
TD Ameritrade Essential Portfolios Pros & Cons
| The Good | The Bad |
|
|
TD Ameritrade Essential Portfolios FAQ
What fees does TD Ameritrade Essential Portfolios charge?
TD Ameritrade Essential Portfolios uses a fee-only model.
This means TD Ameritrade Essential 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.
| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Management Fee | Starting at 0.30% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Fee Based? | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What management fees does TD Ameritrade Essential Portfolios charge?
TD Ameritrade Essential Portfolios charges an annual management fee that starts at .30% .
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 TD Ameritrade Essential 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.
TD Ameritrade Essential Portfolios does not charge fees based on an investment expense ratio. What features does TD Ameritrade Essential 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. TD Ameritrade Essential Portfolios allows you to rebalance your investments back to your target asset allocation at set intervals.
Full-service brokerage: TD Ameritrade Essential Portfolios provides access to a wide selection of financial advice and products, such as facilitating trades, managing portfolios, and wealth management services.
TD Ameritrade Essential 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 TD Ameritrade Essential Portfolios support?
Charles Schwab offers the following types of assets and account types.
| Supported Options | Unsupported Options |
|
|
These are the investment options Charles Schwab offers its clients.
| Supported Options | Unsupported Options |
|
|
What is the minimum amount you have to invest to open an account with TD Ameritrade Essential Portfolios?
The minimum amount to open an account with TD Ameritrade Essential Portfolios is $$5,000.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.
Other Services by Charles Schwab
Checking Accounts
8
1
9 Reviews
Money Market Accounts
Be the first to rate
Savings Accounts
Rating not yet determined (3 Reviews)
Brokerages
3
3
1
7 Reviews
Mortgage Refinance
Rating not yet determined (2 Reviews)
Other Investment Advisors from Charles Schwab
Rating not yet determined
Minimum Initial Investment
$5K
Management Fee
0% - 1.44%
Community Recommended Products
View AllSponsored
Strongly recommended40 Reviews
Learn MoreSponsored
Mostly recommended9 Reviews
Learn MoreStrongly recommended16 Reviews
Learn MoreSuperMoney Net Recommendation Score
This product has no reviews yet. Help others by sharing your thoughts.
0
-1000+100
No one recommends
Everyone recommends
TD Ameritrade Essential Portfolios Community Reviews
Would you recommend TD Ameritrade Essential Portfolios to your friends?
There are currently no reviews.
You might also like
Best Investment Advisors
SuperMoney
How To Invest In The Stock Market: 8 Basic Concepts
Theresa Cummings
