| Website |
https://www.fidelity.com/ |
https://www.personalcapital.com/ |
| Pros |
- Has an account type for everything you can imagine.
- Zero-fee mutual funds offer the lowest fees in the industry.
- Free trades for stocks, options, ETFs, and Fidelity funds.
|
- Best in class portfolio analysis tool.
- Smart Weighting Asset Allocation weights your investments based on the market cap of different sectors (technology, finance, etc).
- Lower variance by weighting assets based on their sector, portfolios may fluctuate less than with a traditional S&P 500 portfolio.
- A Personal Advisor to talk to. Or 2 if you have at least $200k invested.
- No ETF expense fees since stocks are invested in directly.
|
| Cons |
- Sometimes confusing website due to the number of offerings.
- Multiple funds that invest in the same thing with different fees.
|
- High advisor fees add up over time,
- Due to the complexity of a portfolio holding many stocks, it may be difficult to leave Personal Capital and manage your own portfolio.
- Will underperform the market during times when one sector outperforms for years at a time (ex: technology).
|
| Promotions |
|
|
| Fees |
- Expense ratios range from 0% up to over 1.3%.
|
- Personal Capital charges a progressive advisor fee based on the amount of assets under management.
- For $1 Million and under: 0.89%.
- $1m - $3m: 0.79%.
- $3m-5m: 0.69%.
- $5m-$10m: 0.59%.
- $10m+: 0.49%.
|