Partnership Disclosure We might be compensated by one of our IRA partners for an account you open through our platform. This helps us keep the service free, but it never impacts the fees you’ll pay on your new account. We only win if you do, and our job is to help you simplify your retirement accounts. We also help people who already have an IRA account even though we receive no compensation in these situations—because it’s just the right thing to do!

Vanguard Personal Advisor IRA vs Merrill Guided Investing IRA

Vanguard Personal Advisor is a great option if you want An automated portfolio managed by Vanguard, one of the leaders in providing low-cost investment products. Access to this service at Vanguard requires a higher minimum investment ($50,000) but comes with access to human financial advisors.

Consider Merrill Guided Investing if you want A simple automated porfolio from Merrill Lynch with potential fee discounts for existing Bank of America / Merrill Lynch customers.

Vanguard Personal Advisor IRA

Automated

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Best if you want An automated portfolio managed by Vanguard, one of the leaders in providing low-cost investment products. Access to this service at Vanguard requires a higher minimum investment ($50,000) but comes with access to human financial advisors.
Fees 0.30%
What they invest in All digital advisors create a diversified porfolio of ETFs (Exchange-traded funds) based on your risk tolerance and preferences.
Limitations Not as easy to use and poorer user experience than newer, digital-focused institutions.
Human advisor available? Yes – you’ll be assigned a full financial advisor to help manage your portfolio.
Account Minimums $50,000
Ease of Use 2 stars
Customer Support Mix of online and call center, with access to human advisors.
Additional Info Read our full review Learn more about Vanguard

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Merrill Guided Investing IRA

Automated

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Best if you want A simple automated porfolio from Merrill Lynch with potential fee discounts for existing Bank of America / Merrill Lynch customers.
Fees 0.45%
What they invest in All digital advisors create a diversified porfolio of ETFs (Exchange-traded funds) based on your risk tolerance and preferences.
Limitations A platform that’s not quite as easy-to-navigate as newer institutions.
Human advisor available? Only if you have more than $20,000 to invest and are willing to pay a higher fee (0.85% p.a.).
Account Minimums $5,000
Ease of Use 2 stars
Customer Support Mix of online and call center.
Additional Info Read our full review Learn more about Merrill Lynch

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Ready to take control of your assets?

Capitalize helps you consolidate your old 401(k)s by rolling them into an IRA of your choosing. Use an existing IRA if you have one, or we’ll help you open one if you don’t.