Get Started Menu Menu
 
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!

Schwab Intelligent Portfolios IRA vs Ally Invest IRA

Facebook Icon
Twitter
LinkedIn
Envelope

Schwab Intelligent Portfolios is a great option if you want an automated IRA with no management fee and a wide range of portfolio options.

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).

Charles Schwab

Charles Schwab

Automated

Open an Account
Best if you want
An automated IRA with no management fee and a wide range of portfolio options.
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
Schwab's automated IRA has a $5,000 account minimum which is a little higher than other providers, but comes with 24/7 human support.
Human advisor available?
Yes, the Schwab's Premium Intelligent Portfolios offering; requires $25,000 minimum balance and costs $30 a month in addition to a $300 one time planning fee
Account Minimums
$5,000
Ease of Use
Star filledStar filledStar filledStar filledStar half
4.5 stars
Customer Support
Online, call center, and branches
Additional Info

Read our full review

Learn more about Charles Schwab

Ally

Ally

Automated

Open an Account
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
Star filledStar filledStar filledStar half
3.5 stars
Customer Support
Mix of online and call center.
Additional Info

Read our full review

Learn more about Ally

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.
Get Started
COMPARE

Compare Schwab Intelligent Portfolios to another IRA product

Charles Schwab

Read

TD Ameritrade

Read

SoFi

Read
COMPARE

Compare Ally Invest to another IRA product

Wealthfront

Read

Betterment

Read

Merrill Lynch

Read