SigFig Review

Low-cost automated portfolio investors

SEC

Founded 2012 · United States · Nvest, Inc.

Why investors choose this broker

No advisory fee on first $10,000 managed
0.25% annual fee is in line with leading robo-advisors
Free access to human investment advisors
Automatic rebalancing included

Review summary

SigFig is a US robo-advisor offering automated ETF portfolios, tax-loss harvesting, and free human advisor access, with no fee on the first $10,000 managed.

Pros

No advisory fee on first $10,000 managed
0.25% annual fee is in line with leading robo-advisors
Free access to human investment advisors
Automatic rebalancing included
Tax-loss harvesting included
Low underlying ETF expense ratios (0.07%-0.15%)
No deposit, withdrawal, or rebalancing fees
Assets held at established custodians (Schwab, Fidelity) with SIPC protection

Cons

$2,000 minimum is higher than some competitors (Betterment has no minimum, Wealthfront starts at $500)
No cash management or savings account
No demo account to test the platform before investing
Fractional shares only available through dividend reinvestment, not initial purchases
Limited portfolio customization - model portfolios focused on ETFs and funds
No crypto investing
Company announced rebrand to Tandems in September 2025; long-term consumer product direction is uncertain

Company background

SigFig is a US-based robo-advisor headquartered in San Francisco, California. The retail brand launched in May 2012 when the company rebranded from Wikinvest, a portfolio tracking service founded in 2006 by Parker Conrad and Michael Sha. SigFig Wealth Management, LLC is a subsidiary of Nvest, Inc. The company has also built enterprise financial technology under the SigFig Atlas and WealthOS names; in September 2025 it announced a rebrand of that enterprise business to Tandems while the consumer SigFig Wealth Management product continued to operate.

Fees and pricing

SigFig charges no advisory fee on the first $10,000 in managed assets. For balances above that threshold the annual advisory fee is 0.25%, billed monthly. The minimum to open a managed account is $2,000. No commissions, transaction fees, rebalancing fees, deposit fees, withdrawal fees, or inactivity fees are charged. Underlying ETF expense ratios range from approximately 0.07% to 0.15% annually and are separate from SigFig's advisory fee. Clients with existing accounts at Charles Schwab or Fidelity can link those accounts and receive management at no cost up to the $10,000 threshold.

Regulation and safety

SigFig Wealth Management, LLC is an SEC-registered investment adviser with CRD number 158823. Client assets are not custodied by SigFig directly; they are held at Charles Schwab or Fidelity, both of which are FINRA members and SIPC participants. SIPC covers each custodian account up to $500,000 per customer, including up to $250,000 in cash. As an SEC-registered RIA, SigFig is subject to fiduciary duties under the Investment Advisers Act of 1940.

Platform experience

SigFig is available through a web application and iOS and Android mobile apps. Portfolios are built across nine asset classes - US and international equities, bonds, real estate, and inflation-protected securities - using ETFs from iShares, Vanguard, and Schwab. Automatic rebalancing and tax-loss harvesting are included at no extra charge. Dividend reinvestment uses fractional shares. Human investment advisors are accessible via phone, chat, and scheduled appointments with no additional fee. There is no demo account.

Pros and cons

SigFig's main strengths are its free management tier on the first $10,000, a 0.25% annual fee above that threshold, free human advisor access, automatic rebalancing, and tax-loss harvesting, with assets held at established custodians carrying SIPC protection. Its main drawbacks are a $2,000 minimum that is higher than several competitors, no cash management account, no demo account, and fractional shares limited to dividend reinvestment only.

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Open an account directly with the broker. Confirm current fees and account eligibility on the broker's website before depositing.

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Trading fees & commissions

SigFig charges no advisory fee on the first $10,000 managed and 0.25% annually on assets above that threshold. The minimum account size is $2,000. Underlying ETF expense ratios range from approximately 0.07% to 0.15% annually.

Fees

Item	Fee
Account	No management fee on first $10,000; 0.25% per year on assets above $10,000
Deposit	No deposit fee
Minimum	$2,000 minimum managed account balance
Inactivity	No stated inactivity fee
Withdrawal	No stated withdrawal fee
Rebalancing	No rebalancing fee

Trading platform & features

Platforms

SigFig Web app
iOS app
Android app

Regulation and investor protection

SigFig Wealth Management, LLC is an SEC-registered investment adviser (CRD #158823). Client assets are held at custodian brokerages - Charles Schwab or Fidelity - that are FINRA members and carry SIPC protection of up to $500,000 per customer.

Broker FAQs

Is SigFig safe?

SigFig Wealth Management, LLC is an SEC-registered investment adviser. Client assets are held at Charles Schwab or Fidelity, both FINRA members and SIPC participants, providing standard SIPC protection of up to $500,000 per customer.

Is SigFig a scam?

No. SigFig Wealth Management, LLC is an SEC-registered investment adviser (CRD #158823). Client assets are custodied at established brokerages - Charles Schwab and Fidelity.

Is SigFig regulated and by whom?

Yes. SigFig Wealth Management, LLC is registered with the SEC as an investment adviser. Client accounts are held at custodians that are FINRA members and SIPC participants.

Does SigFig keep client funds in segregated accounts?

SigFig does not custody client assets directly. Instead, assets are held at Charles Schwab or Fidelity, which maintain segregated client accounts and SIPC coverage.

What happens to my money if SigFig goes bankrupt?

Because client assets are held at Charles Schwab or Fidelity rather than at SigFig itself, they are protected by SIPC coverage at those custodians up to $500,000 per customer. SigFig's closure would not directly affect the assets held at the custodian.

What products does SigFig offer?

SigFig offers automated managed portfolios built from low-cost ETFs across equities, bonds, real estate, and inflation-protected securities. It also includes tax-loss harvesting, automatic rebalancing, and access to human investment advisors.

Does SigFig offer ETFs?

Yes. SigFig constructs all managed portfolios using ETFs from providers such as iShares, Vanguard, and Schwab. Underlying ETF expense ratios range from approximately 0.07% to 0.15% annually.

Does SigFig offer tax-loss harvesting?

Yes. SigFig includes automatic tax-loss harvesting at no additional charge for managed accounts.

Can I buy fractional shares on SigFig?

Fractional shares at SigFig are available through dividend reinvestment. Initial purchases invest in whole shares, which may leave a small cash balance uninvested.

What is the minimum investment at SigFig?

The minimum to open a SigFig managed account is $2,000. This is higher than some competing robo-advisors such as Betterment, which has no minimum, and Wealthfront, which starts at $500.

What does SigFig charge for its management fee?

SigFig charges no advisory fee on the first $10,000 in managed assets. For assets above $10,000, the fee is 0.25% per year. There are no commissions, rebalancing fees, or transaction fees.

Is there a withdrawal fee at SigFig?

SigFig does not state a withdrawal fee. There is also no inactivity fee or deposit fee.

Does SigFig charge an inactivity fee?

No. SigFig does not charge an inactivity fee.

Does SigFig have a demo account?

No. SigFig does not offer a demo or practice account. Users must fund a real account with the $2,000 minimum to use the managed portfolio service.

Does SigFig have a mobile app?

Yes. SigFig provides iOS and Android mobile apps alongside its web application for portfolio monitoring and management.

Is SigFig good for beginners?

SigFig is designed for hands-off investors. It provides automated portfolio management with rebalancing and tax-loss harvesting, as well as free access to human investment advisors. The $2,000 minimum may be a barrier for new investors starting with smaller amounts.

Is SigFig good for long-term investing?

Yes. SigFig is built around long-term diversified portfolio management using low-cost ETFs. Tax-loss harvesting and automatic rebalancing are included, which can help manage long-term portfolio efficiency.

Bottom line

SigFig suits investors who want automated ETF portfolio management, tax-loss harvesting, and access to human advisors at a low fee, particularly those who already hold accounts at Charles Schwab or Fidelity. It may not suit investors who want no account minimum, a cash management product, crypto investing, a demo account, or a platform that focuses on active trading.

SigFig

Low-cost automated portfolio investors

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Your capital is at risk. Other fees apply.