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Ally UNVERIFIED PLATFORM
UNVERIFIED PLATFORM
Ally
Choose how you want to invest ─ we offer investment choices for every type of investor. Ally Invest® offers managed portfolios and self-directed trading. Simple dashboard. Intelligent tools.
UNVERIFIED PLATFORM
Highlights
+2.47%
Asset Class Return•30d
#37 Rank
In Robo Advisor•30d
Invest from
$100
Overview
You can trade commission-free with Ally Invest Self-Directed Trading. They have partnered with market leaders to offer you simple, high-quality ETFs that complement your portfolio, so you can diversify your strategy with little impact to your bottom line. With Ally you can trade stocks, ETFs, options (equity and index), mutual funds, and fixed income. Research investments, analyze your portfolio or place trades from wherever you happen to be.
Things to Know
You make money on
Value + Dividends
Fees
0%
Min Investment
$100
Payout frequency
Quarterly
Term of investment
Zero
Target Return
7% - 10%
Liquidity
Easy
Open to
All Investors
Mobile Application
iOS, Android
Top Perks
Trade stocks, ETFs, funds, bonds, & more
Managed portfolio or DIY stock trading
Ally's .8% interest works in your best interest
Other ways to invest in Robo Advisor
How you make money
Stock price appreciation + dividends. For reference: according to historical records, the average annual return from the S&P Index since its inception in 1926 through 2018 is approximately 10%–11%. The average annual return since adopting 500 stocks into the index in 1957 through 2018 is roughly 8%. Adjusted for inflation, the historical average annual return is around 7%. However, it's important to note that each Robo has their own investment strategy that can influence returns.
How Ally makes money
1. Rebates from market makers and trading venues 2. Income generated from cash 3. Stock loan income from counterparties
Is it safe?
Investing entails risk including the possible loss of principal and there is no assurance that the investment will provide positive performance over any period of time.
Established
2005
Country Available
US Only
Assets Managed
$4.7B
How You’re Taxed
Capital Gains
As with any stock realized stock gains, investors are subject to capital gains tax. If gains are realized within one year, you are taxed at your income tax rate. If gains are realized after one year, you are subject to a long-term capital gains tax of 0% to 20%. A common service that some robo-advisors offer through their systems is automatic tax-loss harvesting. Tax-loss harvesting is a deliberate strategy whereby any loss from the sale of a security in a taxable account is used to offset a capital gain or taxable income, thereby reducing the tax paid.
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