Albert Investments exclusively offers automated portfolio management services to customers of its parent company, Albert Corp. Clients pay a fixed monthly fee to Albert Corp. for a mobile and desktop application package that includes budgeting, savings tools, checking accounts, automated investing, and other financial features. Albert Investments maintains a selection of three risk-based managed portfolios (Conservative, Balanced, and Growth) composed of exchange-traded funds. An automated questionnaire algorithm recommends a portfolio based on user responses, and a rebalancing algorithm automatically adjusts the portfolio when weights drift. Albert Investments does not provide personalized human advisory meetings, and portfolio managers have no direct contact with clients. The firm does not charge separate investment management fees; instead, clients pay a single bundled monthly fee to the parent company, regardless of portfolio size or trading frequency.
Fee Structure
Albert Investments does not charge separate investment management fees. Instead, portfolio management is included as part of a fixed monthly fee paid to the parent company, Albert Corp., for a broader package of mobile and desktop financial tools.
- Portfolio management fee — $0 additional fee. You pay the same fixed monthly subscription fee regardless of how much you invest or how frequently you trade.
- Account minimum — There is no minimum account size, and clients can purchase fractional shares for as little as one dollar.
Note that while Albert Investments does not charge management fees, you may still pay the underlying management expenses charged by the exchange-traded funds held in your portfolio, which range from 0.04% to 0.15% per year.