1. WealthFront vs Personal Capital

Personal Capital vs. Wealthfront – Which Option Should You Choose?

With a low account minimum — $500 — Wealthfront is clearly tailored to the truly small investor. It offers you professional portfolio management with a very small investment. In fact, most human investment managers won’t touch a portfolio this small.

Wealthfront also offers much lower fees than Personal Capital does at all tiers. And let’s not forget that Wealthfront has no annual fee for accounts of less than $5,000. This platform clearly has the small, upstart investor as its target market.

In contrast, Personal Capital caters to investors with larger portfolios who want personalized, human advice. This is especially true if you reach the Wealth Management tier where you get even more one-on-one support and can invest in a wider range of asset classes than Wealthfront. We also like Personal Capital since it gives you a comprehensive portfolio view that accounts for assets held in your retirement portfolio and investment accounts not attached to the platform.

If anything, you can always start investing with Wealthfront to build wealth and grow your portfolio. As you let compound interest and time work its magic, you can also use Personal Capital’s range of free tools to track and manage all aspects of your finances.

There’s no single right answer in the Wealthfront vs. Personal capital debate. But hopefully, this article provides a breakdown of each service so you can pick the one that’s best for you.

1. WealthFront vs Personal Capital

Wealthfront Features

Wealthfront doesn’t offer as many features and tools as Personal Capital. Granted, this is because Wealthfront focuses on being a robo advisor, whereas Personal Capital is more well-rounded. The advantage is that Wealthfront has some nifty features to help you make the most out of your portfolio.

  • Wealthfront Cash Account: You can currently earn up to 2.00% APY at the time of writing with Wealthfront Cash. This makes it an excellent home for an emergency fund or to hold cash you plan on investing through this robo advisor in the near future.
  • Borrow Money: You can borrow up to 30% of your portfolio with a Wealthfront line of credit, and interest rates are as low as 4.65% currently. There’s no credit check or fee either, and this interest rate is far lower than a personal loan or payday loan. There’s no repayment schedule either, so you can chip away at repaying your line of credit at your own pace.

Personal Capital Pros & Cons


  • Work with human financial advisors to build a custom portfolio
  • Wide range of free budgeting and investing tools
  • High net worth clients get more support and can invest in more asset classes than Wealthfront supports
  • ESG and SRI portfolios are available
  • Can consolidate all your financial accounts, including a 401k, under one dashboard


  • Higher management fees than Wealthfront
  • A high $100,000 minimum requirement to invest with Personal Capital

Wealthfront Pros & Cons


  • Very low asset management fees
  • A low $500 minimum investment requirement
  • Excellent portfolio customization options
  • Competitive ESG and SRI options
  • Earn a high APY with Wealthfront Cash


  • No access to human advisors
  • You can’t invest in other asset classes like real estate
  • Doesn’t consolidate your other financial accounts like Personal Capital does
1. WealthFront vs Personal Capital

Other Unique Features

Personal Capital Features

With Personal Capital, you get an all-in-one personal finance management platform, not just a robo advisor. This means Personal Capital has quite a few unique features versus Wealthfront like:

  • Budgeting Tools: You get a range of financial tools with Personal Capital, including budgeting software to help you track and categorize expenses. There’s also a Savings Planner tool that helps you plan for retirement.
  • Cash Management Account: This cash management account doesn’t charge any fees and pays a whopping 2.02% APY at the time of writing. This is on-par with many high-yield savings accounts. Funds also get up to $1.25 million in FDIC insurance.
  • Investment Checkup: Analyze your portfolio’s risk level and outline a target asset allocation so you can fine-tune your portfolio to match your goals.
  • Net Worth Tracker: Consolidate all of your finances in one sleek dashboard and track your net worth over time.
  • Fee Analyzer: Use Personal Capital’s fee analyzer to examine your 401k and other portfolio accounts to see if you’re overpaying on fees.
1. WealthFront vs Personal Capital

Personal Capital vs. Wealthfront – Customer Service

Personal Capital is known for its customer service, and wealth management clients can message their personal advisor with any questions or concerns. It also has an in-depth help center with useful articles to answer questions new and existing clients have.

As for Wealthfront, there’s no option to work with a human advisor regardless of your portfolio balance. If you need to get in touch, you submit a support ticket through its website. It also has a help center with useful resources, but you get more timely, personalized customer support with Personal Capital.

1. WealthFront vs Personal Capital

Personal Capital vs. Wealthfront – Portfolios & Strategy

Wealthfront is one of the best robo advisors if you want a wide variety of portfolios to invest in. And since you can customize specific ETFs that go into your portfolios of choice, it adds even more customization. Overall, it’s one of the most flexible robo advisors alongside competitors like M1 and Betterment.

As for Personal Capital, you work with a human advisor to build a portfolio if you use its wealth management service. But this offers many of the same features as Wealthfront like automatic portfolio rebalancing and tax-loss harvesting. There are still core portfolios, like the Balanced or Full Growth portfolios, but you can also go down the personal portfolio route.

It’s worth noting that both Wealthfront and Personal Capital also offer ESG and SRI options. With Wealthfront, it has its own SRI portfolio you can choose to invest in if it’s important to you. Personal Capital also has its own SRI strategy you can follow, so both platforms are similar in this department.

1. WealthFront vs Personal Capital

Personal Capital vs. Wealthfront – Account Minimums

The minimum account size at Wealthfront is $500. There’s also a minimum withdrawal amount, which is $250, and you cannot draw your account below the $500 minimum. This makes Wealthfront an excellent way to start investing without much money.

In contrast, Personal Capital requires $100,000 to invest through its Investment Services offering. You unlock additional support and more asset classes like real estate and options if you invest at least $200,000 for the Wealth Management plan. And high net worth clients can even invest in private equity under the Private Client plan.

Personal Capital Plans

You can use the base platform for free to access useful tools like a budget planner and investment fee analyzer. But the different Personal Capital investing plans cater to different portfolio sizes and are how you actually invest with the company.

1. WealthFront vs Personal Capital

Personal Capital vs. Wealthfront – Fees & Pricing

One significant difference between Wealthfront and Personal Capital is that Wealthfront charges lower fees for investorsThis is largely because it relies on fully-automated technology to build your portfolio whereas Personal Capital relies on human advisors.

Wealthfront is what you might call fee efficient. The entire platform is set up to make this possible, including the use of low-cost ETFs. Like many other wealth management systems, the fee structure is based on a sliding scale. The first $5,000 in your account is managed free of charge for Investor Junkie readers. Amounts in excess of $5,000 are charged an annual fee of 0.25%. This means on a portfolio of $500,000, your annual fee would be just $1,237.50.

As for Personal Capital, the annual fee is 0.89% of the first $1 million under management; 0.79% on the next $1 to $3 million ; 0.69% on the next $2 million; 0.59% on the next $5 million; then 0.49% on balances above $10 million. Like Wealthfront, there are no trading fees.

1. WealthFront vs Personal Capital

About Personal Capital

Personal Capital  targets the investment mid-range — this includes primarily investors with a net worth of between $25,000 and $2 million in liquid assets. It is an investment platform in much the same way as Wealthfront, but with vastly different features.

It’s really two services in one. The free portion allows you to manage your personal finances all in one place. Somewhat similar to, but has much more investment reporting and a useful net worth tracker.

And if you invest at least $100,000, you can get unlimited advice from financial advisors to build a portfolio that matches your goal. The fact you’re working with human advisors is one massive difference between Personal Capital and Wealthfront, although the former has a high minimum investment requirement.

Finally, unlike Wealthfront, Personal Capital offers an integrated investment portfolio. They will be able to take your various investment accounts — including retirement accounts — import them into the site, and give you the broadest possible view of your overall portfolio. This part of their service is free for anyone to use, and in itself is a reason to sign up.

1. WealthFront vs Personal Capital

Wealthfront vs. Personal Capital – At A Glance

HighlightsPersonal CapitalWealthfront
Minimum to Open Account$100,000$500
401(k) AssistanceTrueFalse
Two-Factor Auth.FalseTrue
Advice OptionsAutomated, Human AssistedAutomated
Socially Responsible InvestingTrueTrue

About Wealthfront

Wealthfront Review

Wealthfront is an automated investment service based on asset allocation and low fees. Most refer to Wealthfront as a robo advisor. The service is built around Modern Portfolio Theory, or MPT, and your risk tolerance. This theory states the optimal mix of asset classes is more important than individual security selection.

Wealthfront accomplishes this through the use of exchange-traded funds (ETFs) focusing on a relatively narrow range of very broad investment classes.

The ETFs are centered on six asset classes:

  • U.S. stocks
  • Foreign stocks
  • Emerging markets
  • Real estate
  • Natural resources
  • Bonds

The bond ETFs are further broken down into municipal bonds, corporate bonds, Treasury Inflation Protected Securities (TIPS), emerging market bonds, and dividend stocks. You can customize your portfolio and add or get rid of any ETFs that are vetted by Wealthfront’s team of experts, or explore ETFs in a specific sector like cannabis, social responsibility, or tech. They also offer cryptocurrency exposure through the Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust (ETHE).

The use of ETFs enables an investor to hold as many as 10,000 underlying securities and to do so with extremely low fees. Portfolio variety and customization options are two of the main reasons Wealthfront is a leading robo advisor.

1. WealthFront vs Personal Capital

Wealthfront vs. Personal Capital – How Do They Compare?

There are a growing number of web-based investment management platforms. Two such platforms growing in popularity are Wealthfront and Personal Capital. The platforms might seem similar, but are they? How do you know which will work best for you?

In truth, it all comes down to personal needs and preferences. We personally use and have tested each of these services, so we break down the features of each one.

Now, you can start by understanding what each platform offers, and how it might best fit into your own investment strategy and style. See the differences between Wealthfront versus Personal Capital and how they compare.

In reality, Wealthfront and Personal Capital serve different segments of the investing community.