Personal Capital offers digital wealth management services, financial planning tools, and more.

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Bottom line: Personal Capital app is best for hands-off investors with at least $100,000 to dedicate to stocks, ETFs, private equities, or bonds. The platform also offers free financial planning tools and one-on-one financial advisor guidance, but its fees are on the higher side.

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Investment selection



Customer service

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Is Personal Capital right for you?

Personal Capital app is a digital platform offering wealth management, free financial tools, cash management accounts, and more. Since the lowest amount you can get started with is $100,000, the platform is best for high-net-worth clients. 

The mobile app is available on iOS and Android devices. 

Personal Capital vs. Merrill Guided Investing 

Min. Investment


Min. Investment

$1,000 or $20,000, depending on account type


0.49% to 0.89%


0.45% or 0.85%

Investment choices

ETFs, stocks, bonds, and private equities

Investment choices

ETFs and mutual funds

Personal Capital app
Merrill Edge investment account

Personal Capital app and Merrill Guided Investing both suit hands-off investors who don’t want to manage the daily legwork of maintaining an investment portfolio. Both of Merrill Edge’s accounts — Merrill Guided Investing Online and Merrill Guided Investing with an Advisor — are better options for those in search of lower minimum requirements.

Personal Capital and Merrill Guided Investing offer similar fees, but Personal Capital is the better choice for investors who want access to a wider selection of investment types. Personal Capital’s wealth management services and financial tools are also difficult to beat. Whereas Merrill Guided Investing offers …read more

Source:: Business Insider


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