I am currently using acorns and schwab intelligent portfolio. But from the robo advisor comparison webpage I see that acorns does not have an equally high yield comparing to its competitors like wise banyan. Is it a good idea to switch to wise banyan or simple wealth? Which acorn portfolio is used to measure the annual income? Thanks.
Matthew Huiover 7 years ago
Sorry for the late reply. I don't have performance data for Schwab Intelligent Portfolios right now but I plan on adding it soon. The current Acorns portfolio displayed on our site is the aggressive portfolio but Acorns changed it recently so we need to change what's on our comparison page.
Do you have a .edu email address to use with Acorns (you get 4 yrs for free with .edu)? If not it might make sense to switch to a different robo-advisor. WiseBanyan is a good option since it's free but there is also Wealthfront which is free under 10k.