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 rollover 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 might receive no compensation in these situations—because it’s just the right thing to do!

Wealthfront IRA vs Ally Invest IRA

Wealthfront is a great option if you want a low-fee automated portfolio with a user interface that's simple, clean, and very easy to use.

Consider Ally Invest if you want an automated IRA from a leading digital bank offering a range of other financial products (incl. bank accounts & mortgages).

Wealthfront

Wealthfront

Automated

Best if you want
A low-fee automated portfolio with a user interface that's simple, clean, and very easy to use.
Fees
0.25%
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 much ability to influence the portfolio they create for you.
Human advisor available?
Not at this time.
Account Minimums
$500
Ease of Use
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5 stars
Customer Support
Mainly online
Ally

Ally

Automated

Best if you want
An automated IRA from a leading digital bank offering a range of other financial products (incl. bank accounts & mortgages).
Fees
0%
What they invest in
All digital advisors create a diversified porfolio of ETFs (Exchange-traded funds) based on your risk tolerance and preferences.
Limitations
Ally's 0% fee only applies to the "Cash-Enhanced" portfolio which allocates 30% of your assets into cash. Their Market-focused portfolio charges 0.30%, though that's still reasonable.
Human advisor available?
Not at this time, though you'll get access to Ally's call center support.
Account Minimums
$100
Ease of Use
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3.5 stars
Customer Support
Mix of online and call center.
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.
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