Ellevest review

Updated September 28, 2026 · BrokerCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Ellevest is a robo-advisor run by Ellevest, Inc. in the US, offering portfolios of etf and esg. What decides it for most readers is the price of entry: managed portfolios ask for a minimum investment of $500,000, with an annual management fee of 0.35% to 1.25%.

Key facts

Best for
Robo-managed portfolios of etf and esg for savers who can meet the minimum investment.
Management fee
0.35% to 1.25% (Source, checked September 26, 2026)
Minimum investment
$500,000 (Source, checked September 26, 2026)
Regulators
SEC (Source, checked September 26, 2026)
Investor protection
SIPC up to USD 500,000 (Source, checked September 26, 2026)
Account types
IRA (Source, checked September 26, 2026)
Portfolio types
ETF, ESG (Source, checked September 26, 2026)
Legal entity
Ellevest, Inc. (Source, checked September 26, 2026)
Headquarters
United States (Source, checked September 26, 2026)
Founded
2014 (Source, checked September 26, 2026)
Support channels
Email, Help-centre (Source, checked September 26, 2026)
Official website
ellevest.com

Brokers

Minimum deposit
$0 (Source, checked September 26, 2026)
Account fee
$129 (Source, checked September 26, 2026)
Markets
Stocks, ETFs, Funds (Source, checked September 26, 2026)
Regulators
SEC (Source, checked September 26, 2026)
Investor protection
SIPC up to USD 500,000 (Source, checked September 26, 2026)
Account types
IRA (Source, checked September 26, 2026)
Legal entity
Ellevest, Inc. (Source, checked September 26, 2026)
Headquarters
United States (Source, checked September 26, 2026)
Founded
2014 (Source, checked September 26, 2026)
Support channels
Email, Help-centre (Source, checked September 26, 2026)

Apps and profiles

Get the app
App Store

Pros and cons

Pros

  • A minimum deposit of $0 lets you open an account without tying up money straight away.
  • Regulated in the US by SEC, with listed investor protection of SIPC up to USD 500,000.
  • Markets of stocks, etfs and funds and portfolios of etf and esg keep the range fund based and easy to read.

Cons

  • The minimum investment of $500,000 sits well above the €25 asked across the site.
  • Support runs on email and help centre only, so there is no phone line for account questions.
  • An account fee of $129 adds a fixed cost beside the management fee of 0.35% to 1.25%.
Ellevest

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Scored 8.7 / 10 by BrokerCue.

Who it suits

  • Savers who want a robo-advisor to run a portfolio of etf and esg and can meet the minimum investment of $500,000.
  • IRA account holders, since ira is the account type listed.
  • Investors comparing managed portfolios against cheaper entry points, such as Axos Invest at $100.

Who should look elsewhere

  • Savers with small sums, because the minimum investment of $500,000 is far higher than $100 at Axos Invest.
  • Traders who want to place their own orders, since the markets listed are stocks, etfs and funds and eToro is the trading alternative here.
  • Anyone after a platform to place orders themselves, where eToro lists a management fee of 0%.

How Ellevest compares

Frequently asked questions

What does Ellevest charge?+

The management fee runs 0.35% to 1.25%, and an account fee of $129 is listed alongside it. For comparison, eToro lists a management fee of 0% and Vivid Standard runs 0.5% to 1.5%, so Ellevest sits in between on advisory costs.

How much do I need to get started?+

Managed portfolios ask for a minimum investment of $500,000, well above the €25 most robo-advisors ask and above $100 at Axos Invest. Opening the account is lighter, since the minimum deposit is $0.

Is my money protected?+

Ellevest is regulated in the US by SEC, and the listed investor protection is SIPC up to USD 500,000. The firm behind the portfolios is Ellevest, Inc., founded in 2014 and headquartered in the United States.

What can I hold in the portfolio?+

The listed markets are stocks, etfs and funds, and the portfolio types are etf and esg. The range is a managed fund portfolio rather than a place to trade individual derivatives, options or crypto yourself.

What kind of account can I open?+

The account types listed are ira, so the account is built around US retirement investing rather than a general brokerage account. Inside it you hold stocks, etfs and funds through portfolios of etf and esg.

How do I get help?+

Support runs through email and help centre, so help comes by email and a self-service help centre rather than a phone line. Most questions on a managed portfolio concern the 0.35% to 1.25% management fee, the minimum investment of $500,000 and rebalancing.

Who does Ellevest suit?+

It suits savers who want a robo-advisor to run the portfolio rather than choosing investments alone, and who can meet the minimum investment of $500,000. Investors starting smaller can look at Axos Invest, where the minimum is $100, or eToro, where the management fee is 0%.

Can I use Ellevest in the UK?+

The listed headquarters is US and the account types are ira, so the service is set up for US savers rather than UK residents. UK and European readers can compare it with Vivid Standard, whose management fee runs 0.5% to 1.5%.

Sources

Compiled from 6 source pages, checked September 26, 2026. We did not open an account.

Ellevest

Ellevest

Robo-managed portfolios of etf and esg for savers who can meet the minimum investment.

8.7/10See alternatives