Best Banks for Investing for 2027
Banks traditionally offer a variety of products that often include savings accounts, checking accounts, CDs and loans. Today, it’s increasingly common for these financial institutions to also offer investing platforms and — in some cases — investing apps. In doing so, they provide customers with the opportunity to centralize their finances in one place with access to a familiar interface.
But like any banking product, there are pros and cons to each investing platform. For example, not all of them offer fractional shares or access to crypto. Some offer free investing advice, excel at investor education or are an especially good fit for new investors. Money used those criteria (and more) to compare the investment services provided by some of America’s top banks to determine the clear-cut winners for a handful of categories. Here are the best banks for investing for 2027:
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SoFi: Best Overall
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Charles Schwab: Best for Investor Education
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PNC: Best for Fractional Shares
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Merrill Edge from Bank of America: Best for Investment Advice
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Wells Fargo: Best Robo-Advisor Option
*Figures are subject to change. All information is current as of Oct. 9, 2026.
SoFi ranks as the best overall bank for investing for 2027. Money recognized SoFi for its strong customer satisfaction rankings, availability of fractional shares starting at $5, more than 4,000 stocks and exchange-traded funds (ETFs), the highest Trustpilot score among the platforms we vetted and its outstanding robo-advisor option.
SoFi received the highest score in this year’s JD Power U.S. Investor Satisfaction Study ranking first among 14 DIY investing platforms. The bank has a 4.3-star rating out of 5 on Trustpilot. SoFi’s robo-advisor — called SoFi Automated Investing — has no management fees, free access to certified financial planners and doesn’t have a minimum investment requirement.
If you are using the bank’s investing platform for your retirement account, SoFi provides a 1% individual retirement account (IRA) match, and a match of up to 2% for SoFi Plus members, which is a rarity in the industry.
Charles Schwab doesn’t charge investors to work with one of its financial consultants, and every member can receive a personalized, complimentary financial plan. Additionally, the bank’s platform provides access to comprehensive, structured educational courses, real-time coaching and platform walkthroughs. Schwab also offers no-cost tailored product recommendations and direct access to its specialists via phone, chat, video or in-person at any of the bank branch locations, which number more than 400 in the U.S.
Its platform walkthroughs are particularly useful after Schwab acquired TD Ameritrade in 2020 and, with it, its very popular advanced trading platform thinkorswim. Schwab also offers access to approximately 4,000 ETFs — the most among the bank’s investing platforms Money surveyed — including 33 proprietary ETFs.
Fractional shares are available from $1, and the bank’s robo-advisor option — Schwab Intelligent Portfolios — is well-regarded among the investment community. Schwab Crypto launched in May 2026, providing users with access to bitcoin and ethereum spot ETFs, with plans to expand access to coins and tokens including Solana, Avalanche and Chainlink. However, the platform charges 0.75% on the dollar value of each crypto trade.
While many banks’ investing platforms place a minimum dollar figure on their fractional share requirements, PNC offers fractional quantities or any dollar amount through its wealth management division. That is particularly helpful for young or new investors who are just getting started and want access to higher-cost stocks and ETFs.
PNC only provides access to 500 ETFs. It doesn’t allow crypto trading or have a robo-advisor option. But its platform allows you to combine your investing and banking in one central location.
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Merrill Edge, the brokerage platform owned by Bank of America, is Money’s choice for the best bank for investment advice. The bank’s platform integrates Bank of America and Merrill Lynch research while allowing for hybrid advisor choices and access to an expansive body of equity research portfolios.
The bank’s investing platform does not provide access to crypto, nor does it offer fractional shares. But it does have the Merrill Guided Investing robo-advisor option, which charges a fee of 0.45% (or 0.85% with access to an advisor).
Apart from Wells Fargo’s WellsTrade investing platform, its Intuitive Investor is a popular option. The robo-advisor has a low $500 minimum investment requirement and only charges an annual advisory fee of 0.35%. On a $10,000 portfolio, that comes out to just $35 per year.
Meanwhile, the bank’s WellsTrade platform easily integrates with Wells Fargo’s banking dashboard and includes access to financial advisors. With 70 million people already using Wells Fargo for their banking needs, WellsTrade offers a way to centralize banking and investing in one place through the financial institution’s digital presence.
The platform offers fractional shares from $10, but it doesn’t offer access to crypto and ranked last in JD Power’s U.S. Investor Satisfaction Study (DIY). However, its easy-to-use app and desktop platforms are simple for newcomers, and its offerings for fixed-income instruments (e.g., Treasurys, municipal and CDs) and mutual funds (10,000 in total) provide experienced investors with a large sampling of asset classes.
How we chose the best banks for investing for 2027
To identify the best banks for investing for 2027, Money researched the top traditional and online banks providing investing platforms. We analyzed rankings in the JD Power 2026 U.S. Investor Satisfaction Study, Trustpilot scores and whether each platform provided access to robo-advisor options, fractional shares and crypto.
We also vetted each bank’s investing platform for the number of ETFs it offers, required account minimums, advisory fees and the minimum investment requirement for fractional shares. We also reviewed each platform for educational and instructional resources.
AI was not used in the sourcing of Best Banks data, the analysis of that data or the content subsequently produced by Money’s editorial team. You can read our full methodology here.
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