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Finhabits review

Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Finhabits is a US robo-advisor for beginners who want a managed portfolio without picking investments themselves. The minimum deposit is $0, while the account fee of $120 and management fee of 1% are the costs to weigh before opening an IRA or Roth IRA.

Key facts

Best for
Beginners saving for retirement through a traditional or Roth IRA.
Management fee
1%↗
Regulators
U.S. Securities and Exchange Commission (SEC)↗
Investor protection
SIPC up to USD 500,000↗
Account types
IRA, Roth-IRA↗
Portfolio types
ETF↗
Legal entity
Finhabits, Inc.↗
Headquarters
United States↗
Support channels
Email, Phone, Help-centre↗
Official website
finhabits.com

Brokers

Minimum deposit
$0↗
Account fee
$120↗
Markets
Stocks, ETFs↗
Features
Mobile app
Audience
Beginners

Facts checked September 26, 2026, 7 sources

Apps and profiles

Get the app
App Store

Pros and cons

Pros

  • The minimum deposit is $0, so small investors can open an account.
  • Investing is regulated by U.S. Securities and Exchange Commission (SEC), and money sits under SIPC protection up to a stated limit.
  • Portfolios are etf based and cover stocks and etfs, so the account holds a basket rather than single picks.
  • Support runs on email, phone and help centre, and a mobile app (mobile app) is included for managing the account.

Cons

  • The account fee of $120 is a set charge that sits on top of the 1% management fee.
  • A 1% management fee is higher than the 0% at eToro and the 0% at Empower Personal Dashboard.
  • Investing stays within stocks and etfs, held in etf portfolios, so the range is narrow.
Finhabits

Ready to try Finhabits?

Scored 8.5 / 10 by SumCue.

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Who it suits

  • Beginners (beginners) who would rather hold a managed portfolio than choose investments.
  • US savers putting money into a traditional or Roth IRA (ira and roth ira).
  • Investors who want to start small, since the minimum deposit is $0.

Who should look elsewhere

  • eToro, whose management fee is 0%, for anyone who wants no management charge at all.
  • Empower Personal Dashboard, with a management fee of 0%, for readers who prefer no percentage fee.
  • Axos Invest, listed with SIPC as its regulator, for readers who want a different kind of provider.

The company behind it

Finhabits, Inc. is the legal entity behind the service, based in the US. Support runs on email, phone and help centre, so account and portfolio questions reach the team by email, by phone or through the help centre. Those channels are the main route to answers on how the managed retirement accounts work.

How Finhabits compares

Where Finhabits is available

Available
United States
Licence in United States
U.S. Securities and Exchange Commission (SEC), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What does Finhabits charge?+

Finhabits charges a management fee of 1% and an account fee of $120. The account fee sits on the retirement accounts it offers, traditional and Roth IRAs, so both costs apply to the same balance. The total therefore grows with what you keep invested.

How much do I need to start?+

The minimum deposit is $0, so there is no large starting balance to clear. The account fee of $120 is the more important figure on a small portfolio. Finhabits is built for beginners (beginners) who want the portfolio run for them.

Is Finhabits regulated?+

Finhabits is regulated by U.S. Securities and Exchange Commission (SEC). The legal entity behind the service is Finhabits, Inc., based in the US, and the accounts offered are traditional and Roth IRAs under the same provider. Rules and terms are set by that entity rather than a parent brand.

Is my money protected?+

Money held with Finhabits is covered by SIPC protection up to a stated limit. The provider is regulated by U.S. Securities and Exchange Commission (SEC), and the same regulator and protection apply to the retirement accounts on offer, which are traditional and Roth IRAs.

What can I invest in?+

Investing runs to stocks and etfs, and the portfolios are etf based. The account therefore holds a basket rather than individual picks, and the selection is left to the provider. The service is designed around managed retirement saving.

How do I get help?+

Support runs on email, phone and help centre, which covers email, phone and a help centre. Questions about contributions, portfolios or the account fee of $120 can be raised by phone or in writing, so a call is possible as well as a message.

Who is Finhabits for?+

Finhabits is built for beginners (beginners) who want a managed portfolio without choosing investments. The accounts offered are traditional and Roth IRAs (ira and roth ira), so it suits savers already using a US retirement wrapper. Anyone wanting to pick shares themselves would find only etf portfolios here.

Can I manage it from an app?+

A mobile app is included (mobile app) for tracking the portfolio and adding money. The portfolios are etf based, so the app shows a managed basket rather than a trading screen. Help is also available on email, phone and help centre.

Sources

  • finder.com/investments/finhabits-review checked September 26, 2026

    Backs: Minimum deposit

    “Minimum deposit | $0”

  • finhabits.com checked September 26, 2026

    Backs: Audience, Features, Investor protection, Portfolio types, Regulators, Licences

    “You don't have to be an expert - Finhabits does it for you”

  • finhabits.com/help-center-finhabits checked September 26, 2026

    Backs: Support channels

    “1-800-492-1175 support@finhabits.com”

  • finhabits.com/invest checked September 26, 2026

    Backs: Account fee, Markets

    “Finhabits membership is $10/month for combined account balances under $12,000”

  • finhabits.com/membership-pricing checked September 26, 2026

    Backs: Management fee

    “Once your portfolio reaches $12,000 you level up to Finhabits Premium at 1.0% AUM until your balance hits $100K”

  • finhabits.com/terms-and-conditions checked September 26, 2026

    Backs: Headquarters, Legal entity

    “These Terms shall be governed by and construed in accordance with federal law and any applicable laws of the State of New York.”

  • flexoffers.com/affiliate-programs/finhabits-retirement-sa... checked September 26, 2026

    Backs: Account types

    “the ability to easily open a Roth or Traditional IRA in minutes”

Compiled from 7 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Minimum investment.

Finhabits

Finhabits

Beginners saving for retirement through a traditional or Roth IRA.

8.5/10See alternatives