Last Updated: 04/18/2025
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Highlights
Minimum Initial Investment
$5,000
Management Fee
Starting at 0.24%
U.S. Bank Automated Investor Review
Automated Investor is a bank founded in 1863 and based in Minneapolis, MN.
Automated Investor Pros & Cons
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Automated Investor FAQ
What fees does Automated Investor charge?
Automated Investor uses a fee-only model.
This means Automated Investor 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.
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| Annual Fee | $12 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Management Fee | Starting at 0.24% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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What management fees does Automated Investor charge?
Automated Investor charges an annual management fee that starts 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 Automated Investor?
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.
Automated Investor does not charge fees based on an investment expense ratio. What features does Automated Investor 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. Automated Investor allows you to rebalance your investments back to your target asset allocation at set intervals.
Full-service brokerage: Automated Investor 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 Automated Investor support?
U.S. Bank offers the following types of assets and account types.
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These are the investment options U.S. Bank offers its clients.
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What is the minimum amount you have to invest to open an account with Automated Investor?
The minimum amount to open an account with Automated Investor 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.
Hours of Operation
Sunday
Closed
Monday
8:30AM - 5:30PM
Tuesday
8:30AM - 5:30PM
Wednesday
8:30AM - 5:30PM
Thursday
8:30AM - 5:30PM
Friday
8:30AM - 5:30PM
Saturday
Closed
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Learn MoreSuperMoney Net Recommendation Score
Not enough SuperMoney users have reviewed this product to provide a recommendation score or rating.
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U.S. Bank Automated Investor Community Reviews
Would you recommend U.S. Bank Automated Investor to your friends?
Pam M.
Aug 19, 2019
May or may not recommend
I had a horrible experience with US Bank investments. It took more than a month for the bank to release my investments and then they charged me $75. Do not invest here. Everyone blamed the next department. No one could take responsibility.
Leif S.
May 25, 2019
May or may not recommend
The mobile app seems outdated, but CSRs are very helpful. If you have accounts at US Bank, the auto investor is a good addition. The performance of the etf picks favor that of Schwab Intelligent Portfolios, and even though there is a ,50% fee, auto investor doesn’t hold a huge percentage of cash in my portfolio. This is the reason I favor the US Bancorp Robo.
Showing 2 of 2 reviews
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