We are excited to announce the winners of our 2019 Best Robo-Advisor Awards!

At Investopedia, our mission is to simplify complex financial information and decisions for our readers, giving them the confidence to manage every aspect of their financial life. Helping investors find the right tools and platforms to invest with is key to that mission. With so many options available, our team evaluated over 30 robo-advisor platforms using our robust methodology.

Once a year we hand out awards to showcase the robo-advisors that have demonstrated excellence across five different categories that cover the different needs that investors have.

Throughout the year we continually update the reviews and scores as robo-advisors roll out changes to their offering. To the degree that those changes impact the overall ranking of robo-advisors, we make those updates on the individual category pages so that you always have our up-to-date list of the best robo-advisors. Once a year we re-evaluate both our methodology and the entire field of robo-advisors before handing out our awards for the year.

Here are our winners for 2019.

Best Robo-Advisors

Our list of the top robo-advisors represent the best-in-industry platforms that offer solutions for investors at all levels.

See our full list of the Best Robo-Advisors.

Best for Beginners

Winners in this category offered the most guidance and education to users throughout the process of opening an account to funding and managing it. We favored those platforms with lower minimum deposits to create an easy starting point for new investors with fewer assets.

See our full list of the Best Robo-Advisors For Beginners.

Best for Sophisticated Investors

While robo-advisors are generally geared towards those who are looking for more of a hands-off investing experience, there are several that provide the ability to have more command and control over your investments. In this category, we favored those that offered customizable portfolios, the ability to invest in individual stocks, deeper insights into portfolios prior to funding, and tax-advantaged features. We also looked at each robo-advisor’s research tools, as well as more advanced account services such as the ability to take out a loan backed by the investor’s portfolio balance. 

See our full list of the Best Robo-Advisors For Sophisticated Investors.

Best for Goal Setting

When considering robo-advisors that are best for goal setting, we awarded the platforms that provide easy-to-use tools that help you create savings and investment goals, and monitor your progress against them.

See our full list of the Best Robo-Advisors For Goal Setting.

Best for Socially Responsible Investing

Socially responsible investing (SRI) is the practice of investing in companies or sectors that considers environmental, social, and corporate governance (ESG) criteria to generate long-term competitive financial returns and positive societal impact. These types of investments include companies that are engaged in social justice, environmental sustainability, alternative energy, and clean technology efforts. For this category, we awarded platforms that provided users with a range of SRI investment choices and the ability to customize their own portfolios.

See our full list of the Best Robo-Advisors For Socially Responsible Investing.

Why We Do It

Finding the right robo-advisor to achieve your financial goals is more challenging than ever given the abundance of products available today. To make it easier, we user-tested over 30 online brokers to identify which robo-advisors offer the best solutions for investors in 2019. What we've created is a comprehensive set of reviews and rankings that will allow any investor to find the right robo-advisor for them.

To find out more about how we picked our top robo-advisors, read our full methodology.