Titan IRA Review 2024: Features, Fees, and More

Best If You Want

Titan offers a comprehensive retirement account investment solution by providing personalized portfolios across all major asset classes, including stocks, bonds, and alternative assets. To achieve this, Titan has partnered with some of Wall Street’s most prestigious institutions, such as Apollo, Carlyle, KKR, and ARK Invest. These partnerships grant everyday investors access to a diverse range of investment opportunities that can otherwise be out of reach for some.

In addition to its diverse offerings, Titan presents clients with the Titan Treasury, which gives investors the opportunity to allocate some of the assets in their retirement accounts to U.S. Treasury securities in the form of mutual funds. Notably, the platform does not charge advisory fees for its automated stocks and bonds, which comprise Titan’s passive portfolios. Furthermore, investors have access to a team of licensed advisors for personalized guidance and support, ensuring a well-rounded and tailored investment experience. The Titan app, which allows investors to manage their investment choices from anywhere, is also available for both Android and Apple and is well-rated on both platforms.

Titan Fees

Titan sets itself apart by not charging any advisory fees on automated stocks and bonds, making it an affordable choice for investors interested in passive portfolios. For their proprietary, professionally managed strategies, Titan charges a sliding scale fee structure. The advisory fee ranges from 0.7% to 0.9%, tiered by assets under management (AUM). (The more you invest, the lower your overall fees.)

The average Titan client who follows the platform’s recommended portfolio can expect to pay an advisory fee between 0.24% and 0.52%. Additional strategy expenses may apply for alternative investments, so what you pay does depend on your investment choices — but on the whole, Titan remains one of the lower-fee brokerages on the market today, particularly for a robo advisor.

What You Can Invest In

One of the ways Titan stands out as a robo advisor is in its extremely flexible and comprehensive suite of investment choices. From a simple automated portfolio comprised entirely of stocks or bonds to actively managed options including an opportunities portfolio, the Titan crypto portfolio, venture capital, Titan Flagship (focused on American large-cap stocks), real estate, private credit, and more, Titan really is one of the few robo advisors on the market offering such an extensive suite of ways to reach your investing goal.

By offering personalized portfolios tailored to each client’s unique circumstances, Titan aims to deliver optimal risk-adjusted returns over time. This wide range of investment options, coupled with the flexibility to choose between active and passive management, allows clients to build a robust and diversified portfolio aligned with their individual financial goals and risk tolerance.

Limitations

Account Minimums

While its investments generally do carry low expense ratios, Titan requires a minimum initial investment of $500.

Titan Customer Support

Titan’s customer service team can be reached directly in the app or via email to support@titan.com. There is, unfortunately, no way to access customer support directly via telephone.

Account Types

Titan offers a range of investment accounts, both retirement and otherwise. However, for the purposes of this article, we’ll focus on its retirement options.

Traditional IRA

Traditional IRAs are funded with pre-tax money, which means your gains on the stock market are able to grow tax-deferred. (You will, however, be on the hook to pay regular income tax when it comes time to take out the funds in retirement.)

Roth IRA

Roth IRAs work in almost exactly the opposite way as traditional IRAs do: Rather than getting a tax break up front, you pay taxes on the money you contribute to the Roth IRA (and are later treated to tax-free withdrawals once you reach the age of retirement). Roth IRAs do come with eligibility restrictions and other rules (such as the five-year rule), which are important to heed in order to avoid costly penalties.

Rollover IRA

Take advantage of historical returns by rolling your old 401(k) account over into an IRA you’re actively managing. Titan makes it easy to roll over 401(k)s, 403(b)s, as well as existing SEP IRAs, Roth IRAs, or traditional IRAs to a new rollover IRA.

Other Features

Along with its retirement options, Titan also offers a regular individual brokerage account that can help you grow your wealth in the short- or medium-term. Titan Smart Cash is a product that works similarly to a high-yield savings account, offering higher returns on your uninvested funds than many other competitors. And, of course, it’s all manageable using the Titan mobile app, which puts money management at your fingertips no matter where you are.

Considering a Titan IRA?