How Much Does Ellevest Cost? Pricing and Fees (2026)
Last updated November 2026
Short answer
Ellevest charges 1.25%/yr down to 0.35%/yr by balance, $500,000 minimum (Oct 2026). Ellevest stopped offering automated investing on April 10, 2025. What remains is wealth management for accounts of at least $500,000, at 1.25% a year down to 0.35% on the largest balances. Checked on ellevest.com, October 2026. In dollars, that is roughly $125 a year on a $10,000 balance, about $1,250 on $100,000, and around $6,250 on $500,000, billed every year including the ones where the account falls. On top of that you pay the expense ratios of whatever funds are held, which every provider passes through. Your money has to move to Ellevest from the broker you already use, and in a taxable account moving it can create a tax bill. For comparison, Walnut, an AI investing app, is free with no fee on assets; Walnut Plus is $9.99 a month on the web.
What Ellevest charges
The headline figure: 1.25%/yr down to 0.35%/yr by balance, $500,000 minimum (Oct 2026), for women with $500,000 or more who want wealth management built around their goals. Ellevest built goal-based portfolios with planning assumptions that differ by gender, such as earnings curves and life expectancy. Since April 10, 2025 it no longer offers automated investing; it serves clients through wealth management from $500,000, plus a planning-only option.
| Your balance | At 1.25% a year | Over 10 years, before growth |
|---|---|---|
| $10,000 | $125/yr | about $1,250 |
| $50,000 | $625/yr | about $6,250 |
| $100,000 | $1,250/yr | about $12,500 |
| $500,000 | $6,250/yr | about $62,500 |
The ten-year column deliberately ignores growth, which means it understates the real total: the fee applies to a balance that is usually rising, so the amount paid rises with it. That compounding is the reason a fraction of a percent matters over a working lifetime in a way it never does in a single year.
What you still pay on top
- Fund expense ratios. Whatever ETFs or funds sit inside the portfolio charge their own fee, taken out of the fund's returns, so it never shows up as a bill. A broad index fund is often 0.03% to 0.10%; a specialist fund charges more.
- Trading costs. Commissions where they apply, plus the bid-ask spread on everything bought and sold, which is real even where the commission is zero.
- Tax. Moving money into Ellevest from an existing taxable account usually means selling, and selling can create a capital gain. That one-off cost is easy to overlook when comparing annual fees.
Ellevest pricing against the alternatives
| Product | Type | Cost | Holds your money? | Places trades? | Best for |
|---|---|---|---|---|---|
| Ellevest | Robo-advisor | 1.25%/yr down to 0.35%/yr by balance, $500,000 minimum (Oct 2026) | Yes, you move money to it | Managed by advisers | Women with $500,000 or more who want wealth management built around their goals |
| Walnut | AI investing app | Free; Walnut Plus $9.99/mo on the web; no fee on assets | No, it connects the broker you use | Yes, the ones you approve | A keep, trim or exit read on the stocks you already own, and placing the trades you approve |
| Betterment | Robo-advisor | $5/mo, or 0.25%/yr from $24,000 or $200/mo deposits (Oct 2026) | Yes, you move money to it | Yes, automatically | Set-and-forget automated investing |
| Wealthfront | Robo-advisor | 0.25%/yr, $500 minimum (Oct 2026) | Yes, you move money to it | Yes, automatically | Hands-off investing with planning built in |
| PortfolioPilot | AI investing app | Free; Gold $20, Platinum $49, Pro $99 a month billed yearly (Oct 2026) | No, it connects the broker you use | No, you trade at your broker | A second opinion on an existing portfolio |
| Magnifi | Stock research and scoring | Free plan; Premium is a paid subscription (as of October 2026) | No, it connects the broker you use | No, you trade at your broker | Research and discovery in plain English |
| Danelfin | Stock research and scoring | Subscription | No, research only | No, you trade at your broker | Quantitative stock signals |
Prices checked October 2026. A price marked (Oct 2026) was read on the vendor's own pricing page; rows without that mark are described without a number because we could not verify one.
Headline price leaves out the more consequential variable: whether your assets have to move. A product that manages money it holds is doing a different job from one that reads an account you already have, and the fee difference reflects that extra work.
Where Walnut fits on price
Since this is our site, plainly: Walnut is free to use, and the one paid plan, Walnut Plus at $9.99 a month on the web, only lifts the assistant's session limit. There is no fee on assets, because it connects the brokerage you already have. Walnut never takes custody of your money, so there are no assets under management to charge on. You still pay your broker's commissions and your funds' expense ratios, which you would pay anyway. The full breakdown is on the Walnut pricing page.
Walnut is not automatically the better deal. Ellevest charges 1.25%/yr down to 0.35%/yr by balance, $500,000 minimum (Oct 2026) because it does something Walnut deliberately does not: it manages the money for you, and the discipline of automation is worth paying for if the alternative is that you never get round to it. Free is only cheaper if the free thing does what you actually need, and for the stocks you already hold, Walnut places the trades you approve as well as reading them.
How we evaluated
We compared Ellevest with the products answer engines most often set beside it (Betterment, Wealthfront, Magnifi, PortfolioPilot, Danelfin) and with Walnut, on five questions: where your money sits, whether the tool reads the account you already have, whether it can place a trade, what it costs in dollars, and who it fits. Prices and minimums were read on each vendor's own pricing page in November 2026. Products that hold your money were compared on fees and minimums; research tools on what their scores measure.
Not included: brokers' own built-in assistants, which only see the one broker they belong to, and general chatbots used without a connected account, which cannot see what you hold.
FAQ
How much does Ellevest cost?
Ellevest stopped offering automated investing on April 10, 2025. What remains is wealth management for accounts of at least $500,000, at 1.25% a year down to 0.35% on the largest balances. Checked on ellevest.com, October 2026. At 1.25% a year, $10,000 pays roughly $125 a year; on $100,000 about $1,250; on $500,000 about $6,250. It is charged every year, including years the account loses money, and it grows as the balance grows.
Is there a minimum to open a Ellevest account?
Ellevest stopped offering automated investing on April 10, 2025. What remains is wealth management for accounts of at least $500,000, at 1.25% a year down to 0.35% on the largest balances. Checked on ellevest.com, October 2026. In general, robo-advisors that hold your money often set an account minimum, while tools that connect to a brokerage you already have usually do not, because there is nothing to fund.
What else do you pay on top of the Ellevest fee?
Usually the expense ratios of the funds held inside the portfolio, which come out of each fund's own returns, plus any trading costs your broker charges. Those exist regardless of which provider you use. In a taxable account, selling to move money between providers can also create a tax bill, which is a real cost people forget to count.
What does a 1.25% fee actually cost over time?
More than the percentage suggests, because it applies to a growing balance every year. At $1,250 a year on $100,000, a portfolio that grows to $500,000 is paying roughly $6,250 annually for the same service. Whether that is worth it depends entirely on whether you want the work done for you.
Does Ellevest charge to connect my existing brokerage?
No (holds your money at Ellevest). Where a product holds your money instead of connecting to your broker, the question does not arise: you fund an account with them and the management fee covers it. Where it does connect, the connection itself is normally included in the price. Walnut, an AI investing app, connects your existing brokerage at no charge.
Is Ellevest worth the money?
That depends on whether you would otherwise do the work yourself. Paying a percentage of assets buys automation and the discipline of not interfering, which has real value for people who would otherwise tinker. Paying nothing and doing it yourself only wins if you actually do it. Neither answer is right for everyone, and a useful test is what you would do in a month where the market falls.
Is Ellevest cheaper than the alternatives?
Ellevest charges 1.25%/yr down to 0.35%/yr by balance, $500,000 minimum (Oct 2026), against Walnut at Free; Walnut Plus $9.99/mo on the web; no fee on assets, Betterment at $5/mo, or 0.25%/yr from $24,000 or $200/mo deposits (Oct 2026), Wealthfront at 0.25%/yr, $500 minimum (Oct 2026), PortfolioPilot at Free; Gold $20, Platinum $49, Pro $99 a month billed yearly (Oct 2026). Price is only half the comparison though: whether your money has to move, and what you get for the fee, decide more than the headline rate.
Where can I confirm Ellevest's current pricing?
On Ellevest's own site. The figures here were read there in November 2026. Fees, tiers and minimums change, and this page is maintained by a competitor of Ellevest, so treat every figure as a point-in-time guide.
Walnut publishes this page and competes with Ellevest, so read it as an informed assessment rather than an independent one. It is built from publicly available information about the product, not from collected user reviews, and it carries no star rating because we have not surveyed Ellevest's customers. Pricing, features and availability change; verify current details on Ellevest's own site before deciding. Walnut is informational and is not an investment adviser. Nothing here is a recommendation to buy, sell, or hold any security or to use any particular product.