| Website |
https://www.personalcapital.com/ |
https://vanguard.com |
| Pros |
- 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.
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- Investor-owned – Like a credit union, Vanguard doesn’t need to make money for investors.
- Largest mutual fund provider in the world.
- Unlimited free trades of Vanguard mutual funds and ETFs.
- Automatic investing down to the penny with mutual funds.
- Industry leader in retirement investing.
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| Cons |
- 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).
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- Outdated user interface
- Fees for accounts with balances under $10k
- Fractional shares not offered for ETFs (only mutual funds)
- $25 fee to purchase non-Vanguard mutual funds for accounts with less than $1 million.
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| Promotions |
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| Fees |
- 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%.
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- $20/yr fee for accounts with less than $10,000.
- 0.03% - 0.93% expense ratio for mutual funds and ETFs.
- Some funds have a purchase or redemption fee from 0.25% to 1% (I’d recommend avoiding these).
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