BudgetMGN | InvestCAN | InvestRESP | InvestUSA | RetireCAN | RetireMGN |
FREE | $99.99 CAD $79.99 USD | $17.99 CAD $12.99 USD | |||
FOREVER | Until December 31, 2024 | Until December 31, 2024 | Until December 31, 2024 | Until December 31, 2024 | Until December 31, 2024 |
Investing Cost Comparison
Use the apps for a fraction of the cost of an advisor. High fees are your biggest enemy. In the intricate landscape of our world, the concept that “simplicity is the ultimate sophistication” emerges as a timeless and universal principle. It emphasizes the intelligence in simplicity, even when it appears fundamental. Maximize your net worth with easy-to-use apps to diversify your portfolio, pay less income tax, minimize investment fees, and create your retirement with artificial intelligence.
Advice | InvestCAN | InvestRESP | InvestUSA | RetireCAN | RetireMGN | Virtual Meeting | Robo- Advisor | Financial Advisor |
Purpose | Canadian DIY Robo-Advisor | Guided Education Portfolio | American DIY Robo-Advisor | After-Tax Retirement Income | Guided Retirement Withdrawals | Personal Investment Relationship | Hands-Off Automated Investing | Expensive Personal Relationship |
Access to Advice | 24/7 | 24/7 | 24/7 | 24/7 | 24/7 | 2 Virtual Meetings | N/A | Unlimited |
$1,000,000 Account Costs *Not including MERs and trading fees | One Time Fee | One Time Fee | One Time Fee | One Time Fee | One Time Fee | $1,000 – $2,000/Year | $4000 – $5000/Year | $5000 – $15,000/Year |
Recommended Investments | Unbiased Data Driven | Unbiased Data Driven | Unbiased Data Driven | Unbiased Data Driven | Unbiased Data Driven | Unbiased Data Driven | Often Proprietary (Company Owned) | Often Proprietary (Company Owned) |
Relationship | Digital | Digital | Digital | Digital | Digital | Personal | Phone/Email | Personal |