When it comes to account types, Vanguard Digital Advisor manages the following: The automated advisor creates a portfolio that aligns with your investment timelines, risk tolerance, and goals. Vanguard Digital Advisor is best for passive investors who like the idea of having their investments managed for them. Learn more about Vanguard Digital Advisor at » Ways to invest with Vanguard Digital Advisor Automated investment management Wealthfront only allows DIY trading for stocks, and you'll need to open a separate stock investment account. While its robo-advisor strictly serves hands-off investors, you can also dabble in other DIY accounts if you choose, thanks to Vanguard's expansive account selection.

However, Vanguard is a better option for investors interested in opening other self-directed, wealth-building accounts. Plus it offers a wider range of portfolio features, including socially responsible portfolios, tax-loss harvesting, direct indexing, and more. This investment app could be a good option if you're primarily in search of automated advice. Wealthfront's advisory fee is slightly higher than Vanguard Digital Advisor's, but it has a lower minimum requirement. ETFs, index funds, Grayscale Bitcoin Trust, and Grayscale Ethereum Trust

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