Fidelity Go is an automated investment service that builds and manages a portfolio for you based on your goals and risk tolerance

Fidelity Go is a robo-advisor — software that replaces a human financial advisor by automatically choosing investments, rebalancing your account, and adjusting your portfolio over time. You answer questions about your age, income, time horizon, and comfort with risk, and Fidelity Go constructs a mix of low-cost index funds tailored to that profile. The service then monitors your account and rebalances it periodically to keep your allocation on track.

The service is free for accounts under $25,000. Accounts above that threshold pay 0.35% annually on the balance — meaning if you have $100,000 invested, you pay $350 per year. That fee is lower than most human financial advisors charge, and Fidelity Go invests primarily in its own index funds, which have minimal expense ratios.

Key Takeaways

  • Fidelity Go automatically builds a diversified portfolio of index funds based on your risk tolerance and investment timeline.
  • The service costs nothing on accounts under $25,000 and 0.35% annually on larger balances.
  • You can open an account with as little as $1, though most investors benefit from regular contributions over time.
  • Fidelity Go handles rebalancing automatically, so you do not have to buy and sell funds yourself to stay on track.
  • The service is designed for long-term investing and does not offer active trading, stock picking, or frequent portfolio changes.

How Fidelity Go builds your portfolio

When you sign up, you complete a questionnaire about your age, income, investment timeline, and how much volatility you can tolerate. Fidelity Go uses this information to assign you a risk profile — typically ranging from conservative to aggressive. Conservative portfolios hold more bonds and stable investments; aggressive portfolios hold more stocks.

Based on your profile, Fidelity Go constructs a portfolio from Fidelity's own index funds. A typical moderate portfolio might hold a mix of U.S. stock index funds, international stock index funds, and bond index funds. The exact percentages vary by risk level. You can see the proposed allocation before you fund the account and decide whether to proceed.

Once your account is open and funded, Fidelity Go monitors it continuously. If market movements cause your allocation to drift — for example, if stocks rise and now make up 65% of your portfolio instead of the target 60% — Fidelity Go automatically rebalances by selling some stocks and buying bonds to restore the target mix.

Costs and account minimums

Fidelity Go has no account minimum. You can open an account and invest $1 if you choose. However, the service is most practical for people who can invest at least several hundred dollars, since transaction costs and the time value of small contributions matter less at scale.

The management fee is tiered by account size. Accounts under $25,000 pay nothing. Accounts from $25,000 to $1 million pay 0.35% annually. Accounts over $1 million pay 0.30% annually. Beyond the management fee, you pay the expense ratios of the underlying index funds, which are typically 0.05% to 0.15% per year — very low by industry standards.

If you have a Fidelity brokerage account already, you can link it to Fidelity Go and avoid opening a separate account. Fidelity Go can manage a portion of your holdings while you manage the rest yourself, though most users dedicate a single account to the service.

What Fidelity Go does and does not do

Fidelity Go is designed for buy-and-hold investing. It rebalances your portfolio periodically, harvests tax losses when appropriate, and adjusts your allocation as you age if you set it to do so. It does not pick individual stocks, time the market, or make frequent trades. It does not offer financial advice beyond the portfolio construction itself.

The service is hands-off by design. You fund the account, set up automatic contributions if you want them, and let Fidelity Go manage the rest. You can check your balance and performance anytime, but the expectation is that you will not log in constantly or make manual changes. If you want to trade individual stocks, use options, or make active decisions about your holdings, Fidelity Go is not the right tool.

Fidelity Go also does not offer tax-loss harvesting across multiple accounts or coordinate your investments with other financial goals like college savings or retirement planning. It focuses narrowly on building and maintaining a diversified portfolio within a single account.

Who Fidelity Go is useful for

Fidelity Go works well for people who want to invest but do not want to research funds, build a portfolio, or monitor it constantly. It is particularly useful for younger investors starting out, people with modest account sizes who cannot afford a human advisor, and anyone who prefers a simple, automated approach to long-term investing.

It is less useful for people who already have strong investment knowledge and prefer to make their own decisions, those with complex financial situations that require personalized advice, or investors who want to hold individual stocks or use advanced strategies. If you have a large portfolio or significant assets, you may benefit from a human financial advisor or a more sophisticated robo-advisor platform.

Opening and funding a Fidelity Go account

You can open a Fidelity Go account online through Fidelity's website. The process takes about 10 minutes and requires basic personal information, Social Security number, and employment details. You will answer the risk questionnaire during signup, and Fidelity Go will show you the proposed portfolio before you commit.

Once your account is open, you can fund it by linking a bank account, transferring funds from another brokerage, or setting up automatic monthly contributions. Fidelity Go begins investing your money according to your assigned allocation as soon as the funds clear. If you already have a Fidelity brokerage account, the process is faster because Fidelity already has your information on file.

Performance and tracking your returns

Fidelity Go does not may provide any specific return. Your returns depend on market performance, your portfolio allocation, and how long you stay invested. Because Fidelity Go holds diversified index funds, your returns will track the overall market — you will not beat the market, but you will not significantly underperform it either.

You can view your account performance in the Fidelity Go dashboard, which shows your current balance, contributions, gains or losses, and how your portfolio is allocated. Fidelity also sends quarterly statements. The dashboard breaks down performance by asset class so you can see which parts of your portfolio are contributing to gains or losses.

Frequently Asked Questions

Can I withdraw money from Fidelity Go anytime?

Yes. You can withdraw money from your Fidelity Go account at any time without penalty. Fidelity will sell the necessary funds and transfer the money to your bank account, typically within a few business days. Keep in mind that selling during a market downturn locks in losses, so consider your timeline before withdrawing.

What happens if I stop contributing to Fidelity Go?

Nothing changes. Fidelity Go will continue to manage and rebalance your existing balance. You do not have to make regular contributions, though most investors benefit from adding money over time. You can resume contributions whenever you want.

Can I change my risk level after I open the account?

Yes. You can update your risk profile in the Fidelity Go dashboard at any time. If you change your profile, Fidelity Go will rebalance your portfolio to match the new allocation. This is useful if your circumstances change or if you realize your original choice does not match your comfort level.

Is Fidelity Go the same as a regular Fidelity brokerage account?

No. A regular Fidelity brokerage account gives you access to all of Fidelity's investment options and lets you make your own trades. Fidelity Go is a separate service that automates portfolio construction and management. You can use both — some people use Fidelity Go for long-term investing and a regular account for active trading.

What if the market drops significantly?

Your account value will decline along with the market, just as it would in any investment account. Fidelity Go does not protect you from market downturns. However, because your portfolio is diversified across stocks and bonds, it typically declines less than an all-stock portfolio would. If you have a long time horizon, market drops are normal and historically have recovered over time.