{"id":13075,"date":"2025-04-06T21:06:36","date_gmt":"2025-04-06T21:06:36","guid":{"rendered":"https:\/\/finderica.com\/?p=13075"},"modified":"2025-04-06T21:06:36","modified_gmt":"2025-04-06T21:06:36","slug":"fidelity-go-review-2024-pros-cons-features","status":"publish","type":"post","link":"https:\/\/finderica.com\/?p=13075","title":{"rendered":"Fidelity Go Review 2024: Pros, Cons & Features"},"content":{"rendered":"\n
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\"ScoreCard<\/p>\n

Fidelity Go is a robo-advisor offering no-frills features and low fees. It\u2019s a great fit for those who are starting off in their investing journey and prefer being more hands-off. Check out our Fidelity Go review to learn more about pros, cons and key features.\n<\/p>\n

What Is Fidelity Go and How Does It Work?<\/h2>\n

As the robo-advisor arm of the Fidelity Investments family, Fidelity Go features automated investment portfolios composed of Fidelity Flex mutual funds (yup, they\u2019re fee-free) and no minimum opening balance. It also doesn\u2019t charge any advisory fees for balances less than $25,000.<\/p>\n

Like other robo-advisors, Fidelity Go investors will start by filling out a short questionnaire based on information about their goals, finances and risk tolerance. Some of these questions include your birth year and what you\u2019re investing for (like retirement or a short-term goal).<\/p>\n

The platform will also ask you to rate your risk tolerance based on a scale from one to 10, with 10 being the most aggressive and one being the least. More aggressive investors will usually have a higher percentage of stocks in their portfolios, whereas if you want to be more conservative, your portfolio will veer more toward bonds.<\/p>\n

Once that\u2019s complete, the robo-advisor will use your answers to create an investment portfolio based on your individual needs.\u00a0<\/p>\n

If you\u2019re not sure if you want to commit to Fidelity Go, you can fill out the questionnaire and see a sample investment portfolio. That way, you can get a feel for what it might be like to invest with this robo-advisor before proceeding with the rest of the sign-up process. <\/p>\n

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Fidelity Go<\/h3>\n

Best for Low-Maintenance Investing<\/p>\n<\/div>\n<\/div>\n

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Key Features<\/p>\n

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  • No management fee for accounts under $25,000<\/li>\n
  • Ability to invest in Fidelity Flex mutual funds,<\/li>\n
  • Investors only need $10 to start investing<\/li>\n<\/ul>\n<\/div>\n<\/div>\n

    Fidelity Go is a robo-advisor that charges low fees and invests in a mix of Fidelity Flex mutual funds over four asset classes. Investors with over $25,000 in their accounts can have unlimited 30-minute phone calls with an advisor. The robo-advisor also offers automatic rebalancing. <\/p>\n

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    Fidelity Go<\/p>\n

    \"Fidelity<\/div>\n<\/div>\n
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    Minimum opening deposit<\/p>\n

    $0 (though you\u2019ll need $10 to invest)<\/p>\n

    Management or advisory fees<\/p>\n

    None for accounts under $25,000; 0.35% annual fee for accounts $25,000 and up<\/p>\n

    Accounts offered<\/p>\n

    Taxable (individual and joint), IRA (Traditional, Roth, Rollover) and health savings account (HSA)<\/p>\n

    Prime perk<\/p>\n

    Mutual funds with no expense ratios<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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    Fidelity Go at a Glance <\/p>\n

    \n\n\n\n\n\n\n\n\n\n\n
    Feature<\/th>\nDetails<\/th>\nMore Details<\/th>\n<\/th>\n<\/th>\n<\/tr>\n<\/thead>\n
    Types of Accounts<\/td>\n2 taxable<\/td>\n4 IRAs<\/td>\n\n\t\t\t\t\t\t\t<\/td>\n\n\t\t\t\t\t\t\t<\/td>\n<\/tr>\n
    Account Minimum<\/td>\n$0 to open<\/td>\n$10 to invest<\/td>\n\n\t\t\t\t\t\t\t<\/td>\n\n\t\t\t\t\t\t\t<\/td>\n<\/tr>\n
    Commission and Fees<\/td>\n$0 on balances under $25,000<\/td>\n0.35% annual fee on balances over $25,000<\/td>\n\n\t\t\t\t\t\t\t<\/td>\n\n\t\t\t\t\t\t\t<\/td>\n<\/tr>\n
    Portfolio Mix<\/td>\n4 mutual funds <\/td>\nNo real estate<\/td>\n\n\t\t\t\t\t\t\t<\/td>\n\n\t\t\t\t\t\t\t<\/td>\n<\/tr>\n
    Portfolio Management<\/td>\nConservative-aggressive <\/td>\nAutomatic rebalancing<\/td>\n\n\t\t\t\t\t\t\t<\/td>\n\n\t\t\t\t\t\t\t<\/td>\n<\/tr>\n
    Customer support<\/td>\nLive chat; phone support<\/td>\n8 a.m. to 6 p.m. ET, M-F<\/td>\n\n\t\t\t\t\t\t\t<\/td>\n\n\t\t\t\t\t\t\t<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n

    Features of Fidelity Go<\/h2>\n

    There are many features that you will want to consider before opening an account. Our Fidelity Go review will help you decide if this is the right brokerage for you.<\/p>\n

    Types of Accounts<\/h3>\n

    Investors can open both individual and joint taxable accounts, plus IRAs (Traditional, Roth and Rollover) and health savings accounts. If you have an existing Fidelity account, you can easily integrate your investments with Fidelity Go.<\/p>\n

    Account Minimum<\/h3>\n

    There\u2019s no minimum opening deposit if you want to open a Fidelity Go account, but you\u2019ll need to put in $10 or more to start investing.<\/p>\n

    Commission and Fees<\/h3>\n

    Fidelity Go doesn\u2019t charge any commissions for any of their trades.<\/p>\n

    The following are the advisory fees it\u2019ll charge based on your account balance:<\/p>\n