NerdWallet Announces Best Online Stock Brokers and Robo-Advisors for 2017


SAN FRANCISCO, Jan. 9, 2017 / PRNewswire / – NerdWallet©, the go-to personal finance resource, today announced the winners of its 2017 Best-of for Investing Awards program. In its second year, the NerdWallet Best-of Awards program recognizes the industry’s best options for consumers across a variety of financial products, including online stock brokers and robo-advisers. As part of providing consumers with clear and objective recommendations for all their financial decisions, NerdWallet has created an in-depth rating rubric to assess the performance of dozens of online stock brokers and robot advisers in the most important categories. for consumers.

“The investment companies we have chosen this year have always gone out of their way to meet the needs of consumers,” said Kyle ramsay, CFA, and Head of Investments and Retirement for NerdWallet. “From providing free premium research that informs stock trading decisions to offering low cost investment options, these grantees really set themselves apart from their competition. Because we realize that each consumer’s investment needs are unique, we have identified winners for 2017 who provide quality service to a wide variety of types of investors. “

Here are the investment firms that NerdWallet has recognized for their exceptional stock trading and robo-advisor services.

Best brokers for stock trading:

  • Best online brokers
    • Home Options®
    • TD Ameritrade®
  • Great for beginners
    • Charles Schwab®
    • TD Ameritrade®
  • Best investment selection
    • optionsXpress (Charles Schwab®)
    • E-commerce®
  • Better research
    • loyalty®
    • Bord Merrill®
  • Best low cost broker
    • King of commerce®
    • Interactive brokers®

Best robo-advisers:

  • Best online advisors
    • Wealthfront ™
    • Improvement ™
  • Best Advisor 401 (k)
  • Better access to financial advisers
    • Personal capital ™
    • Vanguard Personal Advisory Services®
  • Ideal for free management
    • Schwab ™ Smart Wallets
    • WiseBanyan©
  • Ideal for taxable accounts
    • Wealthfront ™
    • Personal capital ™
  • Ideal for managing ARI
    • Improvement ™
    • Loyalty GoSM

To find the best online stock broker that meets their unique needs, consumers can visit NerdWallet’s brokerage tool and answer five simple questions. In the tool, consumers can also find detailed information about each supplier. For more information on the 2017 winners, check out NerdWallet’s reviews of Top Online Brokers for Stock Trading and Top Robo-Advisors.

NerdWallet bases its ratings on objective quantitative and qualitative analysis of the factors most important to investors, such as commissions, fees and software platforms. We rate each company on more than 15 criteria using first-hand testing and publicly available information. We then rate the companies on a relative basis using a 5-star scale. A business is eligible to win in multiple categories. Advisors and brokers cannot purchase any consideration or investment in the allocation process.

About NerdWallet
NerdWallet provides consumers with clarity on all of life’s financial decisions. Whether it’s credit cards, insurance, loans, or investments, people lack the clear, unbiased information they need to make the best choice. With NerdWallet, consumers have free access to user-friendly tools and tips that save them time and money, and give them the freedom to do more. NerdWallet is based at San Francisco and employs over 400 Nerds. NerdWallet was ranked 76 on the 2016 Technology Fast 500 award list. For more information, visit

Jessica ayala
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Telephone: 650-218-5020

SOURCE NerdWallet

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