401k Rollover Where? Wealthfront?

I have an old employer that I have and I want to rollover my 401k to an IRA. The question is, where do I roll it over to?  I want something with low fees and that is easy. For that reason, I am actually considering wealthfront. Does anyone have a retirement account with them? Do you (dis)like them? Or anywhere else, I am open for suggestions. 

Thanks for your help!

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  • I rolled over my 401-k with my last employer into an IRA with Vanguard. Was easy to do, the account was funded and active within a few days, and they have a super low expense ratio. Would recommend.

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      • bevocat
      • Sometimes, It Just Sucks to Be You
      • bevocat
      • 9 mths ago
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      Slate Blue Pilot +1 for Vanguard. I am happy with my Vanguard IRA.

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    • Agent99
    • Working to Get Smart at budgeting, finances and life
    • Agent99.1
    • 9 mths ago
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    +2 for Vanguard; my other choice would be Fidelity. 

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  • Vanguard, Fidelity, and Schwab are the obvious candidates to look into.  See which one suits your investing style best, and see which one will give the best bonus for making the rollover.  I am happy with Fidelity, others are happy with Vanguard, and I know people who have been happy with Schwab.

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  • Vanguard is my first choice as well.  All of the investment options that most people will ever need, very low cost, and in my experience, very good service if you need to call them and talk to them. 

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  • I've been with Vanguard for quite a while now and they're great! If you want their help on an ongoing basis, they have a relatively inexpensive adviser fee of 0.3% of assets under management.

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  • Thanks everyone!

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  • I have to give a shout out for Wealthfront since that was the info requested.  I've moved most of my retirement accounts there (still have a 401k with my current company and they match!).  The fees are really low and the returns have been good and consistent (runs off the Efficient Markets Theory that won a Nobel prize in economics a number of years ago).  It is truly hands off!  For playing around I have a Robinhood account.  It's hard to beat free trades.

    Thanks.

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      • Superbone
      • YNAB convert since 2008
      • Superbone
      • 12 days ago
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      Cornflower Blue Chef I assume the OP made their choice by now since the question was asked 9 months ago. Wealthfront and Betterment are fine for robo-advisors at an extra cost of 0.25% of assets under management. I still prefer to avoid the extra cost and do it myself at Vanguard. Also, since you mention free trades, Vanguard has them now as well. I used to use Robinhood too.

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    • Superbone I think you're right that the OP probably made their choice already.  I assume others will find this as I did while searching for other info and wanted to way in.  A Robo-Advisor was exactly right for me.  I've had full service accounts elsewhere, even a system I set up to pull the current stock positions and calculate my rebalance points which I then could execute.  I found though that the time it took was not worth the 0.25%.  I also had to deal with fractional shares, creating the buy orders, etc.  Also the auto tax loss harvesting in general makes up for the 0.25% increase.  I know you can do it yourself, but I'd rather focus my time on my rental properties and rest of my life.  Besides, the Wealthfront account did better than my managed account (same time period) where I was following the same investment principle.  I realized I was not re-balancing if the positions were "close enough". 

      It's good to know others are following suit with the free trades.

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  • I just read that Vanguard now has a robo-advisor service that only charges a 0.15%.

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