Empower vs Vanguard

Empower is a free advanced tools plus hybrid advisory service for people with over $100k in investments. How does it compare to Vanguard? Read our comparison chart below.

Empower offers free advanced financial tools and paid wealth management services.

While Vanguard offers $0 commission on stock and ETF online trades, $0 commission on Vanguard mutual funds, and no minimum deposit.

Compare Empower with Vanguard, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

		VanguardQuickenRobinhood
	Visit Site	Learn More
	Empower	Vanguard
	SPECIAL OFFER Free Money Management Tools - Learn More Read Empower Review	Norton Internet Security 60-day free subscription - Learn More Read Vanguard Review
	Benefits and Features
Stock Trading		$0
Options Trading		$0 + $1-per-contract fee. Discounts available if you have more than $1 million assets invested in Vanguard ETFs and mutual funds
Annual Fee	0.89% for first $1 million, 0.79% for first $3 million, next $2 million 0.69%, next $5 million, 0.59%, and 0.49% over $10 million
Minimum Deposit	$100,000	$0
Mutual Fund Trading		$0 for Vanguard mutual funds
Commission Free ETFs		Around 1,800 ETFs from about 100 other companies
Phone Support	Yes
Live Chat Support	No
Email Support	Yes
Human Advisors	Yes
Robo Advisor
Assets Under Management	$1.2 trillion
Tax Loss Harvesting	Yes
Goal Tracker	Yes
Automatic Deposits	Yes
Broker Assisted Trades		$25.00
Customer Service		Monday-Friday 8am -10pm ET
Inactivity Fee		$0
Maintenance Fee		$20/year. Waived if account owner signs up for e-delivery service OR have at least $10,000 in Vanguard ETFs and mutual funds
Online Platform	Yes
iPhone App	Yes
Android App	Yes
Banking		No
Mobile App	Yes	Yes
Desktop App		Yes
Forex Trading		Yes
Futures Trading		No
Locations		No
Online Community		No
Seminars		Yes
Virtual Trading		No
Investment Tracking
Single Stock Diversification	Yes
Fractional Shares	No
Taxable Accounts	Yes
401k Plans	Yes
IRA Accounts	Yes
Roth IRA Accounts	Yes
SEP IRA Accounts	Yes
Trust Accounts	Yes
529 Plans	Yes
	CreditDonkey® Reviews
Human Advisors
Robo Advisor
Price
Goal Tracker
Customer Service
Budgeting
Ease of Use
Investment Tracking
Retirement Planning
Stock Trading
Options Trading
Mutual Fund Trading
Mobile App
Commissions and Fees
Research
Pros & Cons	Pros: Retirement planner Free portfolio advice Robo plus human advisors Cons: $100,000 min for advisory service Higher fees than competitors	Pros: Large selection of mutual funds and commission-free ETFs Broker assistance is available at no additional cost Easy to use Cons: Commission structure penalizes frequent traders Customer service wait times Commission costs on non-Vanguard investment options
Bottom Line	Free advanced tools plus hybrid advisory service for people with over $100k in investments... Read full review	Good choice for ETF and mutual fund investors interested in Vanguard-sponsored investments... Read full review
	Visit Site	Learn More
	Free Money Management Tools Join Empower For Free Empower Personal Cash
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Empower: Pricing information from published website as of 04/30/2020 Vanguard: Pricing information from published websites as of 10/17/2023. Empower: Empower Personal Wealth, LLC (“EPW”) compensates CREDITDONKEY INC for new leads. CREDITDONKEY INC is not an investment client of Personal Capital Advisors Corporation or Empower Advisory Group, LLC.

Free Money Management Tools

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Empower Personal Cash

• 4.70% APY
• $0 monthly fee
• Withdraw up to $100k per day

Funds placed in the Empower Personal Cash Program are FDIC insured by program banks up to an aggregate of $5,000,000. (up to $10 million for joint accounts)

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Which is Better: Empower or Vanguard?

Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Empower or Robinhood.

Articles on Empower

Empower Review

Empower offers wealth management services and free financial tools. But is it legit? Find out if this robo advisory service is right for you.

• Empower vs Quicken
• Empower vs Betterment
• Empower vs Wealthfront

Is Empower Safe

Empower offers free budgeting tools. But is it safe to link all your financial accounts? Learn just how secure Empower is.

• Empower vs Fidelity

Empower vs Quicken

Quicken is the oldest name in personal finance software, while Empower is newer and offers advanced tools for free. Read on to see if it's a good alternative to Quicken.

Empower vs Mint

Empower and Mint are popular money management apps. Read this review to find out how they compare and which one is better for you.

Articles on Vanguard

Vanguard Review

Vanguard Brokerage may be a full-service broker, but typically long-term investors preferring ETFs and mutual funds see the greatest return on their investment with them.

• Vanguard vs Robinhood

Which Do You Think is Best?

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