What does SigFig do?
SigFig is a robo-advisor that builds and manages a portfolio for you using mutual funds and ETFs. Once you complete its risk assessment, SigFig selects a model portfolio and handles trading, dividend reinvestment and rebalancing automatically.
Founded in 2011, SigFig Wealth Management is an SEC-registered investment advisor with approximately $3.58 billion in discretionary assets as of December 31, 2025. Client assets are held separately with qualified custodians.
Key services include:
- Managed investment and retirement accounts
- Risk profiling and model portfolios
- Automatic rebalancing
- Optional tax-loss harvesting
- SigFig Portfolio Tracker
What are the pros and cons of SigFig?
Here’s a summary of the key advantages and disadvantages of SigFig reviews to help decide if it’s the right fit for you.
Pros of SigFig:
- Free portfolio tracker: SigFig states that portfolio tracking is provided without charge.
- Discretionary management: Clients do not simply receive suggestions; SigFig can manage, trade, and rebalance the managed account under the advisory agreement.
- Tax-aware features: Optional tax-loss harvesting is available where activated and applicable, though clients remain responsible for tax consequences.
Cons of SigFig:
- Account minimum: SigFig generally requires a $2,000 minimum investment for managed accounts, which may be a barrier for investors starting with smaller balances.
- Limited advisory scope: SigFig’s advice is currently focused on model portfolios, primarily mutual funds and ETFs, rather than broad financial planning.
- Fee schedule not fully simple: Clients may pay a flat fee or asset-based fee, generally no greater than 0.50% of AUM, while fee arrangements may vary by agreement.
SigFig fees: how much does SigFig cost?
SigFig charges no management fee on the first $10,000, but you need at least $2,000 to open a managed account. Above $10,000, you pay 0.25% annually on the amount over that threshold.
Item | Cost |
|---|---|
Minimum | $2,000 |
First $10,000 | $0 |
Above $10,000 | 0.25% |
ETF expenses | ~0.07%–0.15% |
SigFig trading fees | $0 |
Portfolio Tracker | Free |
This makes SigFig particularly attractive if you have between $2,000 and $10,000 to invest, as you get automated portfolio management without a management fee.
What is SigFig’s minimum account size?
SigFig generally imposes a $2,000 minimum investment for clients, but the firm may reduce or modify that minimum at its sole discretion.
Digital advice programs offered through partner institutions may have different minimums.
Who should choose SigFig?
SigFig is most compelling if you have $2,000 to $10,000 to invest, as you get automated portfolio management without paying a management fee on the first $10,000. It may also suit you if you already have investments across different brokerages, since its free Portfolio Tracker brings them into one view.
It is less attractive if you want a highly customized portfolio or broader financial planning, as the service is primarily focused on managing model portfolios.
SigFig: Customer service
SigFig’s customer service model is mainly digital.
For managed account support, SigFig lists phone and email support, along with the option to schedule a complimentary chat with a financial consultant for investment-related questions.
Is SigFig worth it?
SigFig may be worth it if you want low-cost automated investing. There is no management fee on the first $10,000, although you need $2,000 to start.
The main trade-offs are limited financial planning and less portfolio transparency. For advice beyond automated investing, Unbiased can connect you with a financial advisor based on your needs.
For personalized advice, Unbiased can connect you with a financial advisor.
Frequently asked questions
What is SigFig’s investment philosophy?
SigFig’s investment approach is based on asset-class research, diversification, modern portfolio theory, risk-profile matching, ongoing monitoring, and rebalancing.
Its process emphasizes portfolio allocation and risk control rather than individual stock selection, while also considering tax impact when transitioning or trading managed portfolios.
What is the SigFig Portfolio Tracker?
The SigFig Portfolio Tracker is a free tool that lets you connect and monitor investment accounts in one place. It shows your holdings, performance and portfolio analytics without the $2,000 minimum or advisory fee.
Unlike SigFig’s managed service, the tracker does not invest or rebalance your money. It is designed for investors who want portfolio insights without handing over investment decisions.
Does SigFig have a mobile app?
Yes. SigFig’s mobile app lets you manage your account and track investments held across different brokerages in one place. This makes it particularly useful if you want a simple way to monitor your wider portfolio on the go.
Is SigFig safe?
Yes. SigFig is an SEC-registered investment advisor, while client assets are held by qualified custodians rather than SigFig itself. Eligible managed accounts also have SIPC protection against brokerage failure, although this does not protect you from investment losses.
Is SigFig legit?
Yes. SigFig has operated since 2011 and managed approximately $3.58 billion in discretionary assets as of December 2025. Its regulatory and fee information is publicly available through the SEC, and it uses security measures such as encryption and third-party testing to protect account information.
How much does SigFig cost?
SigFig charges no management fee on the first $10,000 and 0.25% annually on the amount above this. You need $2,000 to open a managed account, while the Portfolio Tracker is free.
Fact checked 09/09/2026