Looking for the best robo-advisor in Australia for 2026? Robo-advisors use algorithms to manage your investments automatically, making it easier to grow your money. We’ve compared three popular options available to Australians — Nutmeg, Wealthify, and Moneyfarm — breaking down their fees, features, and who they suit best. No matter if you're just starting out or have been investing for years, this guide can help you pick the right robo-advisor for 2026.
Quick Comparison: Nutmeg vs Wealthify vs Moneyfarm
- Nutmeg: UK-based, offers diversified portfolios including socially responsible investing, charges 0.45% to 0.75% annual fees plus around 0.19% underlying fund costs.
- Wealthify: UK-focused, simple risk-based investing with six risk levels, fees from 0.6% annually, minimum investment just £1 (AUD 1.80).
- Moneyfarm: Italy-origin, expanding in Australia, offers personalised portfolio management with fees between 0.4% and 0.7% depending on portfolio size, uses global ETFs.
1. Nutmeg
Key Features: Nutmeg is one of the pioneers in robo-advisory services, originally launched in the UK in 2011. It’s now accessible to Australians through partnerships with local financial institutions. Nutmeg offers a variety of portfolio types: fully managed portfolios where experts adjust holdings actively, fixed allocation portfolios with set asset mixes, and socially responsible investing (SRI) portfolios focusing on ESG factors. Their investment strategy uses a broad range of global ETFs covering equities, bonds, property, and commodities to ensure diversification across markets and asset classes.
Nutmeg automatically rebalances your portfolio to match your risk level as time goes on. Users can invest via an easy-to-use online dashboard or mobile app, featuring clear reporting and performance tracking. The platform supports both lump sum investments and regular contributions, with no lock-in periods.
Pros: Nutmeg’s pricing is transparent, starting at 0.45% for portfolios above £100,000 (approx. AUD 180,000). The platform is user-friendly, with flexible portfolio choices to suit different risk appetites and values. Its long track record since 2011 provides reassurance, and automatic rebalancing ensures portfolios stay on target without hassle.
Cons: The minimum investment is £500 (around AUD 900), which might be a barrier for some new investors. Fees can rise up to 0.75% annually for smaller portfolios, which is higher than some newer robo-advisors targeting entry-level investors. Also, while Nutmeg has socially responsible options, these come with slightly higher risk and volatility.
Best For: Investors who want a trusted brand with a long track record, flexible portfolio options including SRI, and are comfortable with a higher minimum investment.
Pricing: Annual management fees range from 0.45% to 0.75% depending on portfolio size, plus underlying fund costs around 0.19%. For example, a portfolio of AUD 200,000 would incur approximately AUD 900 annually in management fees plus about AUD 380 for fund expenses.
2. Wealthify
Key Features: Wealthify aims to simplify investing by offering six distinct risk levels, from cautious to adventurous. It focuses on beginners or those who want a hands-off approach without needing to select individual assets. The platform invests mainly in diversified ETFs and funds, offering exposure to global shares, bonds, and cash.
Wealthify handles all investment choices and rebalances your portfolio automatically according to the risk level you pick. Its app and website are clean and straightforward, making it easy to track performance and add funds. There are no lock-in periods, and users can start investing with as little as £1 (about AUD 1.80).
Pros: The exceptionally low minimum investment makes Wealthify accessible for those just starting out. The risk profiling is easy to understand, helping new investors find a comfortable portfolio. The digital experience is smooth, with clear reporting and regular updates. Automatic rebalancing ensures your portfolio stays aligned with your risk tolerance.
Cons: Fees start at 0.6% annually, which is higher than some competitors targeting larger portfolios. Portfolio customisation is limited compared to Nutmeg — you can’t pick individual funds or opt for socially responsible investing. The focus is mostly on basic risk levels, so investors looking for more tailored options or impact investing might find it lacking.
Best For: Beginners or casual investors who want a super-simple way to invest with minimal effort and very low starting capital.
Pricing: Wealthify charges an annual management fee starting at 0.6%, with no additional fund fees disclosed separately. For an investment of AUD 10,000, that equates to roughly AUD 60 per year in fees.
3. Moneyfarm
Key Features: Moneyfarm originated in Italy and has been expanding globally, entering the Australian market with a focus on personalised robo-advisory services. It offers a tailored portfolio based on your goals, time horizon, and risk profile, investing primarily in global ETFs covering different asset classes. The platform prides itself on transparency and easy-to-understand investment strategies.
Moneyfarm actively manages portfolios, rebalancing them automatically and using tax-efficient strategies when possible. The platform offers a mobile app and web dashboard with detailed reporting tools. It also supports both lump sum and regular contributions, with no minimum lock-in period.
Pros: Moneyfarm’s fees are competitive, ranging from 0.4% for larger portfolios to 0.7% for smaller accounts. The personalised approach means your portfolio is tailored to your circumstances, not just a generic risk level. The company is regulated in Europe and Australia, adding a layer of security. This investment options include a broad spectrum of global ETFs, offering good diversification.
Cons: Minimum investment requirements can vary but generally start around AUD 5,000, which might be too high for some beginners. The platform is newer in Australia compared to Nutmeg and Wealthify, so it has a shorter local track record. Socially responsible investing options are limited compared to Nutmeg.
Best For: Investors who want personalised portfolio management with competitive fees and are comfortable with a mid-level minimum investment.
Pricing: Fees range from 0.4% annually for portfolios over AUD 100,000 to 0.7% for portfolios under AUD 20,000. For example, a AUD 50,000 portfolio would likely incur about AUD 350 in annual fees.
How We Chose These Robo-Advisors
We focused on robo-advisors available to Australian investors in 2026 that offer automated portfolio management with transparent fees and easy-to-use platforms. We looked for reputable companies with a track record, clear pricing structures, and diverse portfolio options. We compared minimum investments, fee tiers, portfolio customisation, and additional features like socially responsible investing and mobile apps.
We excluded services that don't support Australian residents or charge prohibitive fees. Customer support quality and regulatory compliance were also key factors. Finally, we considered how well each platform serves different investor types — from beginners to those wanting tailored advice.
Final Verdict
If you want a well-established brand with flexible portfolio choices and socially responsible options, Nutmeg is a solid pick despite its higher fees and minimum investment. For beginners or those with small amounts to invest, Wealthify offers a simple, low-barrier entry to automated investing, though fees are a bit steeper.
Moneyfarm strikes a balance with personalised portfolio management and competitive fees, though it requires a higher minimum investment and has a shorter Australian presence. Your choice depends on your investment size, preferences for portfolio customisation, and willingness to pay fees for added features.
All three robo-advisors provide automated rebalancing and easy-to-use digital platforms, making them suitable choices for Australians looking to grow their money with minimal fuss in 2026.
If you’re after a robo-advisor in Australia for 2026, Nutmeg, Wealthify, and Moneyfarm each have their strengths. Nutmeg is great for those wanting a variety of portfolios and a trusted name, Wealthify suits beginners with tiny starting amounts, and Moneyfarm appeals to those wanting personalisation with reasonable fees. Choose based on your investment size, appetite for fees, and desire for portfolio options.
This article was created with AI assistance.
