Platform Comparison

Ellevest vs Invstr

Compare Ellevest and Invstr on fees, DRIP, fractional shares and research for dividend investing.

Ellevest

★3

Ellevest discontinued its robo-advisor service in February 2025—existing accounts were transferred to Betterment. Private wealth management continues for $500K+ clients.

Full Review

Higher Rated

Invstr

★3.8

Practice investing with $1M in virtual money, learn through gamified courses, then graduate to real trading—the complete beginner-to-investor journey.

Full Review

Ellevest vs Invstr: Fees, Minimums & DRIP Compared

Feature	Ellevest	Invstr
Our Rating	3/5	3.8/5
Trading Commissions	N/A	N/A
Account Minimum	N/A	N/A
Fractional Shares	N/A	N/A
DRIP	N/A	N/A
Research Tools	Automated	Basic
Best For	High-Net-Worth Women	Absolute Beginners

Ellevest vs Invstr: Pros and Cons

Ellevest

Pros

+ Private wealth management still available ($500K+ minimum)
+ Existing robo clients transitioned to Betterment (solid alternative)
+ Betterment offers similar features with good reputation
+ Historical focus on women's financial needs was innovative
+ Career coaching services continue separately

Cons

- Robo-advisor service discontinued February 2025
- Regular investors can no longer open new accounts
- $500K minimum for remaining wealth management services
- Transition to Betterment may not suit all former clients

Invstr

Pros

+ Free investing course with 85 lessons and certificate
+ Fantasy Finance: Practice with $1M virtual money
+ Compete in fantasy leagues and win real prizes
+ Commission-free real stock and crypto trading
+ Fractional shares starting at $5

Cons

- Real trading has minimum fees ($2.99 full shares, $0.99 fractional)
- $5 registration fee for real trading through DriveWealth
- Very limited research tools for experienced investors
- No mutual funds, bonds, forex, or OTC trading

Which Is Better for Dividend Investors: Ellevest or Invstr?

Choose Ellevest if you...

Are in Ellevest's core audience: high-net-worth women

Choose Invstr if you...

Are in Invstr's core audience: absolute beginners
Prefer a higher-rated overall platform

Want the full breakdown of fees, DRIP, and research tools? Read our Ellevest review and Invstr review.

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Investment Disclaimer

Investing involves risk, including possible loss of principal. Past performance does not guarantee future results. This content is for informational purposes only and should not be considered investment advice.