What does Axos Managed Portfolios do?
Axos Managed Portfolios is Axos Invest’s online robo-advisor service. It builds and manages model portfolios based on an online questionnaire, with a $100 minimum to open an account, though many models require higher minimums.
It is designed for investors who want digital portfolio management, not full financial planning.
Axos Invest has provided advisory services since 2009, originally as WiseBanyan, and reported about $150.8 million in discretionary regulatory assets under management as of Dec. 31, 2025.
Key service:
- Goal-based online questionnaire
- Automated portfolio and model recommendations
- Automatic portfolio management and rebalancing
- Optional tax-loss harvesting
- Limited portfolio customization
- Online and mobile account access
How it works:
- Questionnaire: Clients provide goals, time horizon, risk tolerance, financial situation, and investment preferences.
- Recommendation: Axos recommends an asset allocation and investment model.
- Client choice: Clients can accept the recommendation or choose from other available allocations and models.
- Ongoing management: Axos invests deposits, monitors the selected model, makes trades, and rebalances the portfolio on a discretionary basis.
- Adjustments: Clients may update their asset allocation or investment model after opening the account.
- Tax-loss harvesting: Eligible accounts over $25,000 can add tax-loss harvesting for an additional 0.20% annual fee.
Available assets and exposures include:
- U.S. equities
- International developed and emerging equities
- Open-End and Closed-End mutual funds
- ETFs
- U.S. Treasuries
- US Inflation Protected Treasuries
- US investment grade and short-term corporate bonds
- REIT exposure
- Short-term high-yield corporate bonds
- Bitcoin or other digital asset ETFs
Available assets are mainly mutual funds and ETFs across equity, fixed income, real estate, and digital asset ETF exposures. Some models may also include stocks, depending on the selected model. Axos does not directly buy or hold cryptocurrencies, and asset availability depends on the model chosen.
What are the pros and cons of Axos Managed Portfolios?
Here is a look at the pros and cons of Axos Managed Portfolios.
Pros of Axos Managed Portfolios:
- Low opening minimum: The account can be opened with $100.
- Optional tax-loss harvesting: Eligible accounts over $25,000 can add the service.
- Model selection: Axos Managed Portfolios offers access to Axos invest models and selected third-party manager models.
Cons of Axos Managed Portfolios:
- Fee complexity: Fees vary by selected model and account-balance tier, with different rates for Axos and third-party manager models.
- Small-account impact: All accounts are subject to a $40 minimum annual account fee.
- Limited planning scope: Recommendations are based mainly on questionnaire answers and do not create a complete financial plan.
Axos Managed Portfolios fees: How much does Axos Managed Portfolios cost?
Axos Managed Portfolios charges a model fee based on the selected portfolio model and account assets.
Fee item | Axos managed portfolios cost |
|---|---|
Axos MF equity/fixed income models | 0.25% to 0.20% |
Axos equity MF/ETF models | 0.50% to 0.43% |
Axos equity ETF/stock models | 0.50% to 0.44% |
Selected third-party models | Varies by model manager, model type, and account size |
Minimum annual account fee | $40 annually, charged $10 quarterly |
Optional tax-loss harvesting | Additional 0.20% annually; available for eligible accounts over $25,000 |
Broker-assisted trade fee | $45 per trade |
What is Axos Managed Portfolios’ minimum account size?
Axos Managed Portfolios has a formal opening minimum of $100; however, the actual investment minimum depends on the selected model.
Minimum type | Axos Managed Portfolios requirement |
|---|---|
Account opening minimum | $100 |
Mutual fund models | $100 |
Risk-based ETF models | $1,000 |
Thematic Models | $1,000 |
Thematic models with BTC or digital asset ETF exposure | $1,000 |
Third-party model manager models | Varies by model; minimums may be $5,000, $15,000, $25,000, or $50,000 |
Optional tax-loss harvesting eligibility | Account balance over $25,000 |
Who should choose Axos Managed Portfolios?
Axos Managed Portfolios works well for:
- Taxable-account investors: Eligible accounts over $25,000 can add tax-loss harvesting for an additional fee.
- Model-based investors: It may suit clients who want Axos to implement and monitor a selected investment model rather than choosing every security themselves.
- Beginner Investors: The account opening minimum is $100.
Who might not benefit as much:
- Full-planning clients: The service does not appear to provide comprehensive financial planning or a dedicated ongoing advisor relationship.
- Customization-focused investors: Axos uses model portfolios, so clients may not be able to customize every holding in the account.
- In-person advice seekers: The program is generally not designed for clients who prefer in-person advisor interaction.
Axos Managed Portfolios: Is it secure?
Axos Invest, Inc. is an SEC-registered investment advisor. Custody and related services, including trade execution, are provided by affiliated broker-dealer Axos Clearing LLC through Axos advisor services.
Eligible securities and cash are protected by SIPC up to $500,000, including a $250,000 cash limit. Managed portfolios are not FDIC insured, not guaranteed by Axos Bank, and can lose value.
Axos also offers several standard digital security controls, including SSL encryption, firewalls, automatic logout for inactive sessions, fraud monitoring, 2-step authentication, bank alerts, and mobile card lock features.
Axos Managed Portfolios: Customer service
Clients can speak with an investment advisor representative for guidance and use the client portal for 24/7 access to portfolio details.
The firm lists phone and email support for requesting information or raising service concerns.
Axos Managed Portfolios: Mobile App
Axos does not disclose a dedicated Managed Portfolios-only app. Investors use the Axos All-In-One mobile banking app, which is published by Axos Bank and includes access to Managed Portfolios along with banking, transfers, bill pay, mobile deposit, credit score monitoring, and other Axos account features.
The app may be convenient for existing Axos users because banking and investing sit in one place, but it is less focused than a standalone robo-advisor app. On the web platform, clients can use the Manager & Model Tool, view portfolio details and transaction history, and schedule contributions or withdrawals through the client portal.
Is Axos Managed Portfolios worth it?
Axos Managed Portfolios may be worth considering for investors who want an online managed portfolio with more model choice than a basic robo advisor.
Its strengths are low initial access, automated management, rebalancing, model customization, and optional tax-loss harvesting.
Its main drawbacks are the layered fee schedule, higher minimums for many models, limited full-planning support, and dependence on the digital platform.
Overall, the service aligns more closely with investors seeking online portfolio management than with those looking for comprehensive human financial advice.
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