Charles Schwab (SCHW) is known for retirement investing, but beginning investors of all ages and goals can find things to appreciate about this investing site. Schwab offers some of the most affordable robo advice platforms among major brokers. Its digital investing platforms come in two flavors: Schwab Intelligent Portfolios, which have no advisory fee and a $5,000 minimum; or a the premium version with a $25,000 account minimum, one-on-one guidance and more tools for a $300 one-time planning fee and $30 per month advisory fee. Outside of robo advice, Schwab matches other low-cost brokers with $4.95 online equity commissions, over 500 commission-free ETFs plus free trading on all Schwab ETFs, and more than 4,000 no-transaction-fee mutual funds. Its educational platform is more modest than others on this list but still robust enough to get beginning investors started.
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