Financial Disclaimer: Affiliate Links and Compensation Disclosure for Ellevest Review

The financial world is constantly evolving, and one platform that is making waves is Ellevest. Designed by women for women, Ellevest offers personalized investment portfolios, retirement planning, and private wealth management services tailored to women’s financial needs and goals. With a strong focus on goal-focused investing, Ellevest is gaining popularity among investors looking for automated investing and retirement accounts.

Ellevest offers two investing portfolios to fit your needs, with account minimums ranging from $1 to $240 depending on the portfolio. The platform charges annual fees ranging from $54 to $97, or a monthly fee of $5 to $9. Ellevest provides personalized, automated investment advice with a $0 minimum requirement, discounted access to certified financial planners, and options for automated IRA accounts and 401(k)/403(b) rollovers. However, it does not offer active trading opportunities and mainly invests in stock ETFs and bond ETFs.

Ellevest has received an Insider’s Rating of 4.27/5, making it one of the best robo-advisors for goal-focused investing. The platform is ideal for passive investors looking for personalized plans for individual investment or retirement accounts. While Ellevest is open to all users, it is specifically geared towards women, aiming to close the wealth gap experienced by women in investing.

Overall, Ellevest is a comprehensive platform that offers a range of investment options and financial planning services. Whether you’re looking to grow your retirement savings, invest in socially responsible funds, or receive personalized financial advice, Ellevest has something to offer. Consider exploring Ellevest if you’re looking for a one-stop shop for financial planning tailored to women’s financial needs and goals.