TD Ameritrade provides a robot trader for just 30 basis points. The brokerage house offers traditional management with varying minimums and costs, depending on factors such as account balance and securities desired. The broker’s traditional portfolio management costs less than 1.0% and requires a deposit of $25,000.įidelity traders pay 0.35% for the broker’s computerized account management, which requires a $5,000 balance. E*Trade requires a higher minimum ($10,000 for taxable accounts and $5,000 for retirement accounts). The broker’s robo-advisory service isĠ.30% of entire balance per annum and invests in ETFs. The broker-dealer does not offer any human advisorsĮ*Trade clients have access to both human and robo advisors. Portfolio Management and Investment AdviceĪlly Invest has a Cash-Enhanced Managed Portfolio that costs 0.0% (yes, no fee) per annum for automated trading Let’s see how Ally's IRA performs against these top brokerage firms. In particular, Fidelity, TD Ameritrade, Schwab, and E*Trade also provide good deals on retirement But the company has a lot of competition. Overview of Ally Invest, TD Ameritrade, Fidelity, E*Trade, and SchwabĪlly Invest offers a very good IRA account at a low cost.
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