Competitors
50
Summary
Robo Portfolios is an automated investing service offered by Ally Invest. It provides managed portfolios of diversified exchange-traded funds (ETFs) and allows users to invest in stocks with a low minimum deposit. The service aims to simplify investing for hands-off investors by managing their portfolios.
Feature Matches1/12
See all1/12
Must Have
1 of 5
Commission-Free Stock Trading
Instant P2P Transfers
Prepaid Debit Card (Cash App Card)
Early Direct Deposit
Bitcoin Trading
Other
0 of 7
Fraud Monitoring & Security
High-Yield Savings
Round-Up Savings
Pay Over Time (Afterpay)
Instant Discounts & Offers
Customizable Card Designs
ATM Access & Fee Reimbursement
PricingTiered
See allTiered
Cash-enhanced portfolio
$0.00 yearly
- No advisory fees
- 30% of portfolio in cash buffer
- Earn 3.50% annual interest on cash buffer (variable rate)
- Automatic readjustment of market-to-cash allocation
- Fee-free rebalancing
- Daily portfolio review and rebalancing
- 24/7 performance tracking
- Access to portfolio specialists
- Requires $100 initial minimum deposit
- 30% of portfolio held in cash
Market-focused portfolio
$0.30 yearly
- 0.30% annual advisory fee
- Nearly all money invested (approx. 98%)
- Earn 3.50% annual interest on cash holdings (approx. 2%, variable rate)
- Automatic readjustment of market-to-cash allocation
- Fee-free rebalancing
- Daily portfolio review and rebalancing
- 24/7 performance tracking
- Access to portfolio specialists
- Requires $100 initial minimum deposit
- Approximately 2% of portfolio held in cash
Rationale
Robo Portfolios, offered by Ally Invest, provides automated investing services primarily focused on stocks and ETFs. While it offers stock trading, it lacks the core features of Cash App such as peer-to-peer transfers, a prepaid debit card, early direct deposit, and bitcoin trading. The primary focus is on automated investment management rather than a comprehensive mobile-first financial services platform.
Found via SearchPaid
See allbest alternatives to competitor product 2024
competitor vs alternative comparison honest review
GossipPaid
See allBest alternatives to [Product] in 2024?
Reddit·tech_enthusiast·2d ago·+142
I've been using Alternative A for 6 months now and it's been fantastic. The pricing is much better and the features are actually more robust than what [Product] offers.
Show HN: We built a better [Product]
Hacker News·startup_founder·5d ago·+89
After struggling with [Product]'s limitations, we decided to build our own solution.
It handles edge cases much better and the API is actually documented properly.
Check it out at our site.
[Product] vs Competitor B - which one should I choose?
Reddit·confused_buyer·Oct 14·+67
Honestly, after trying both, Competitor B wins hands down. Better customer support, cleaner interface, and they don't nickel and dime you for every feature.
Why we migrated away from [Product]
Hacker News·cto_mike·Oct 11·+234
The breaking point was when they changed their API without notice. We lost 3 days of productivity. Solution C has been rock solid for us since we switched.