SuperMoney
  TIAA Personal Portfolio
TIAA Personal Portfolio
in Investment Advisors from TIAA Bank
Unaffiliated

TIAA Personal Portfolio

Unaffiliated
in Investment Advisors from TIAA Bank
Net Recommendation Score -50  

SUPERMONEY NET RECOMMENDATION SCORE

This product is mostly not recommended by SuperMoney users with a score of -50, equating to 2 on a 5 point rating scale.

-50

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.

Rating not yet determined  

Explore a similar product
Try this top product in Investment Advisors.
Acorns Invest
Acorns Invest 41 reviews
Highlights
Community Rating

Rating not yet determined  

Minimum Initial Investment $0
Management Fee 0.3% - 1.15%

TIAA Personal Portfolio Review

TIAA investments is a bank founded in 1918 and based in New York, NY.

TIAA investments Pros & Cons

The Good The Bad
  • Broad selection of account types.
  • Competitive investment expense ratios.
  • No minimum amount to open an account.
  • Does not offer low-cost ETFs.
  • Does not give access to human finance advisors.
  • Tax-loss harvesting not available.
  • Limited investment options.

TIAA investments FAQ

What fees does TIAA investments charge?

TIAA investments uses a fee-only model.

This means TIAA investments 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.

TIAA investments uses a commission-based model. In other words, they get a commission when they sell you investment products, such as stocks or mutual funds.

TIAA Personal Portfolio Fees
Description
Monthly Fee $0
Annual Fee $0
Account Termination Fee $0 - $130
Account Transfer Fee $50
Commission Based?
Fee Based?
Investment Expense Ratios 0.05% - 1.3%
Management Fee 0.3% - 1.15%

What management fees does TIAA investments charge?

TIAA investments charges an annual management fee that starts at 0.3% and ranges up to 1.15%.

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 TIAA investments?

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.

TIAA investments charges an investment expense ratio that starts at 0.05% and ranges up to 1.3%.

What type of investment accounts and asset classes does TIAA investments support?

TIAA Bank 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
  • Trusts
  • 529 College Savings Plans
  • Employer Sponsored Plans
  • Custodial Accounts

TIAA Bank does not offer any of the investment vehicles that we track.

What is the minimum amount you have to invest to open an account with TIAA investments?

TIAA investments does not have a minimum amount to open an account.
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.

Feature Breakdown

Monthly Fee $0
Annual Fee $0
Account Termination Fee $0 - $130
Account Transfer Fee $50
Commission Based
Fee Based
Investment Expense Ratios 0.05% - 1.3%
Management Fee 0.3% - 1.15%
Minimum Initial Investment $0
Accounts Supported
  • Individual Non-Retirement Accounts
  • Joint Non-Retirement Accounts
  • Roth IRA
  • Traditional IRA
  • Rollover IRA
  • SEP IRA
  • Trusts
  • 529 College Savings Plans
  • Employer Sponsored Plans
  • Custodial Accounts

TIAA Personal Portfolio Community Reviews

 

Would you recommend TIAA Personal Portfolio 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
(will require moderator approval)

SUPERMONEY NET RECOMMENDATION SCORE

This product is mostly not recommended by SuperMoney users with a score of -50, equating to 2 on a 5 point rating scale.

-50

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.

sorted by

Other Investment Advisors