Axos Invest

Axos Invest

Axos Invest

Axos Invest

The world's first free financial advisor. Investing should be a right – not a privilege.

Join investors

Highlights

-3.37%

Asset Class Return30d

#40 Rank

In Robo Advisor30d

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Invest from

$10

Overview

Axos Invest Managed Portfolios takes the high fees out of investing to help you reach your financial goals. Easily create an automated investment account in minutes; no previous investing experience necessary! The less you spend on investment fees, the more money you’ll have to invest. That’s why Axos Invest charges a 0.24% annual fee compared to the 1.0% annual fee charged by many traditional advisors. When you create an Axos Invest account, they’ll recommend an investment portfolio which optimally weights your time horizon, desired amount of risk and potential return in order to determine your preferred investment strategy. Plan for both short and long-term goals with their Axos Invest milestones.

Things to Know

  • You make money on

    Value + Dividends

  • Fees

    0.24%

  • Min Investment

    $10

  • Payout frequency

    Quarterly

  • Term of investment

    Zero

  • Target Return

    7% - 10%

  • Liquidity

    Moderate

  • Open to

    All Investors

  • Mobile Application

    iOS, Android

Top Perks

  • Takes the high fees out of investing

  • Withdraw money from your taxable investment account at any time

  • Offer Personal Investment, Roth IRA, Traditional IRA, and SEP IRA accounts

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 Axos Invest makes money

Axos Invest is the only firm to fully align its incentives with those of its clients. We purposefully designed our business model to not rely on charging fees based on the size of our clients’ accounts (otherwise known as the "assets under management" or "AUM" fee). This means we don’t earn money based on your account size, but rather for products and services that provide additional value to you.

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

    2013

  • Country Available

    US Only

  • Assets Managed

    $153M

How You’re Taxed

Capital Gains

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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