Eliminate guesswork, minimize costs and invest hands-free. Guided investing, no experience needed.

Highlights

-0.87%

Asset Class Return30d

#40 Rank

In Robo Advisor30d

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Invest from

$1

Overview

Explore a variety of U.S. and global funds and own a part of the world’s most exciting industries, with step-by-step guidance from their team of registered advisors. With Albert you can invest with as little as $1, trade commission-free, and use their automatic investing feature. Albert has two investing options. You can get a custom portfolio by Genius.  Genius eliminates guesswork, minimizes costs and invests hands-free. Share a few details in the app and get a custom portfolio by Genius, tailored to your unique goals and needs. You can also select your own investments from their curated list of funds. Gain access to a range of trending U.S. industries, emerging global markets and popular investment themes.

Things to Know

  • You make money on

    Value + Dividends

  • Fees

    $4

  • Min Investment

    $1

  • Payout frequency

    Quarterly

  • Term of investment

    Zero

  • Target Return

    7% - 10%

  • Liquidity

    Easy

  • Open to

    All Investors

  • Mobile Application

    iOS, Android

Top Perks

  • Human guidance with cutting-edge technology

  • Our on-demand support team of real financial geniuses

  • Recommended by Forbes, Huffington Post, The New York Times and others

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 Albert makes money

Free for the basic budgeting and saving app; if you want to use the Genius feature, you'll pay a monthly subscription fee of your choice. While $4/month is the minimum amount at which Albert can reasonably operate the service, most customers decide to pay more.

Is it safe?

To date, Albert has raised $173 million in funding, most recently closing a Series C in January 2021 worth $100 million. They have over 5 million active users, who have saved over $500 million through the platform.

  • Established

    2015

  • Country Available

    Worldwide

  • Assets Managed

    n/a

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