Wealthfront offers free, automated investment management and financial planning for the first $10,000 invested.
It’s a useful service for small balances and offers tax-efficient features like Direct Indexing management of 529 college savings plans, something none of its competitors offer.
FutureAdvisor is a robo-advisor that offers some free services, such as a comprehensive retirement planning analysis.
It charges 0.50 percent as a management fee and necessitates a balance of $10,000 or more. It also offers access to a team of financial advisors.
Personal Capital offers more one-on-one advisement for investors. Its investing site uses computer algorithms, but human financial advisors are paired with each client to help you make your choices.
The costs are a little higher as a result — fees range from 0.49 to 0.89 percent per year depending on the size of your account. It’s great for large investments and hands-off investing.
Motif is a great way to invest in ideas without huge hassle or expense.
Nipsey Hussle invest in cryptocurrency
Groups of up to 30 securities are put together by a staff member — there are nearly 100 motifs to choose from and you can trade them for just $9.95 each, quite low fees for that kind of transaction.
OptionsHouse is perfect for active traders because of the low stock trading commissions ($4.95) and lack of penalty fees.
It’s free to open and maintain an account, and OptionsHouse offers professional-grade stock analysis research and excellent trading tools.
However, it’s not the best for mutual fund and exchange-traded fund investors.
TD Ameritrade’s trade costs are on the high side ($9.99), but it offers first-class trading platforms that seasoned traders love. It also provides a variety of no-transaction-fee mutual funds and commission-free ETFs.
All three investments would have at least doubled your money since the beginning of the year.
There’s no account minimum, and TD Ameritrade offers free research and data, which can be very helpful.
Charles Schwab is a top pick for many reasons. The firm offers full-service treatment if you live close to one of its branches — there are 300 across the country.
Online, you can find a lot of educational resources and great mobile trading platforms and tools.
OptionsXpress is a perfect discount broker for investors who aren’t solely focused on stock trading.
It provides a selection of investment products, including bonds, ETFs and mutual funds. The cost is $3.50 per contract per side, but you can save money if you’re a high-volume trader.
Merrill Edge definitely stands out because of its research offerings from BofA Merrill Lynch Global Research as well as Morningstar, S&P, Capital IQ and more.
It’s a great choice for casual traders because of the competitive pricing and great customer service. It commissions at $6.95 per trade, and there’s no account minimum.