Fidelity Investments vs Acorns

Struggling to choose between Fidelity Investments and Acorns? Both products offer unique advantages, making it a tough decision.

Fidelity Investments is a Business & Commerce solution with tags like investing, trading, stocks, mutual-funds, retirement.

It boasts features such as Brokerage services, Retirement planning tools, Wealth management services, Mutual fund trading, Mobile app for account management, Research and analysis tools, Educational resources and pros including Wide range of financial services, Extensive research and analysis tools, Reliable and reputable brand, User-friendly mobile app, Retirement planning resources.

On the other hand, Acorns is a Finance product tagged with microinvesting, spare-change, index-funds, diversified-portfolio.

Its standout features include Round-up spare change, Automated investing, ETFs and index funds, Goal-based investing, Found Money cashback rewards, Acorns Spend debit card, Acorns Later retirement accounts, and it shines with pros like Easy way to invest small amounts, Hands-off approach, Low fees, Educational resources.

Feature	Fidelity Investments	Acorns
Overall Score	N/A	N/A
Primary Category	Business & Commerce	Finance

Product Overview

Fidelity Investments

Description: Fidelity Investments is a financial services company offering retail brokerage services, retirement products, wealth management services, and more. Founded in 1946, Fidelity is one of the largest mutual fund and financial services groups in the world.

Acorns

Description: Acorns is a micro-investing app that allows users to invest their spare change from everyday purchases. It automatically invests small amounts into a diversified portfolio of index funds to grow users' money over time.

Key Features Comparison

Fidelity Investments Features

• Brokerage services
• Retirement planning tools
• Wealth management services
• Mutual fund trading
• Mobile app for account management
• Research and analysis tools
• Educational resources

Acorns Features

• Round-up spare change
• Automated investing
• ETFs and index funds
• Goal-based investing
• Found Money cashback rewards
• Acorns Spend debit card
• Acorns Later retirement accounts

Pros & Cons Analysis

Fidelity Investments

Pros

• Wide range of financial services
• Extensive research and analysis tools
• Reliable and reputable brand
• User-friendly mobile app
• Retirement planning resources

Cons

• Fees can be higher than some competitors
• Limited customization options
• Complex website navigation for some users

Acorns

Pros

• Easy way to invest small amounts
• Hands-off approach
• Low fees
• Educational resources

Cons

• Limited investment options
• No control over specific investments
• Requires linking bank account
• Monthly fee for higher tiers

Pricing Comparison

Fidelity Investments

• Subscription-Based

Acorns

• Free
• Freemium
• Subscription-Based