Investing
Best Robo Advisors
Management fees, MERs, tax features and hands-on advice, side by side.
Last updated June 2026 · Fact-checked by the Finance Trio research desk
Advertising disclosure: we may earn a commission when you open an account through a link on this page. Rankings are determined by our published scoring model, not by compensation.
Our Top Pick
Editor's Choice
Best overall value
Highest user rating
At a glance
| Provider | Award | Rating | Pricing | Apply |
|---|---|---|---|---|
| Wealthsimple InvestWealthsimple · Canada | Best overall (Canada) | 4.7 | 0.40–0.50% / year | |
| Questwealth PortfoliosQuestrade · Canada | Lowest fees (Canada) | 4.5 | 0.20–0.25% / year | |
| BettermentBetterment · US | Best overall (US) | 4.7 | 0.25% / year (Digital) | |
| WealthfrontWealthfront · US | Best automation (US) | 4.6 | 0.25% / year |
The picks in detail
- 4.7
Best overall (Canada)
Wealthsimple Invest
Canada's largest robo advisor with TFSA, RRSP and FHSA accounts.
Pros
- Low minimums
- Automatic rebalancing
- Halal and SRI portfolios
Cons
- Fee higher than DIY ETFs
- Limited customization
- 4.5
Lowest fees (Canada)
Questwealth Portfolios
The cheapest managed portfolios in Canada, actively managed.
Pros
- Very low management fee
- No account minimum to start
- SRI options
Cons
- $1,000 minimum
- Less hand-holding
- 4.7
Best overall (US)
Betterment
Goal-based investing with tax-loss harvesting on every account.
Pros
- Tax-loss harvesting
- No minimum for Digital
- Strong goal tools
Cons
- Advisor access costs extra
- No direct indexing on small accounts
- 4.6
Best automation (US)
Wealthfront
Fully automated portfolios with daily tax-loss harvesting and direct indexing.
Pros
- Direct indexing from $100k
- Smart cash sweep
- Low flat fee
Cons
- No human advisors
- $500 minimum
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