Automated Investor is just one kind of investment management service. If your finances are more complex, consider working with a financial advisor, who can work with you one-on-one. Investment minimums and fees may apply.
Frequently asked questions
Get answers to your Automated Investor questions. Start here or view all FAQ.
Automated Investor is U.S. Bancorp Investments’ robo-advisor. Like many other robo-advisors, it uses a set of investing rules run by advanced computer software to manage your investments automatically in an investment advisory account.
Our experts guide Automated Investor’s philosophy by hand-picking investments from thousands of choices to design your customized portfolio based on five factors.
- Due diligence
- Market outlook
- Your investment goal and time horizon
- Risk comfort level
- Tax efficiency
Read more about each of these Building blocks.
Yes. You can request a transfer of funds from your Automated Investor account at any time.
Taking money out of your account before your goal date may affect your ability to reach your goal, and some retirement accounts will have penalties and tax implications for early withdrawals.
A 529 account is alternative way to invest for education, and it covers many expenses, including tuition, books and room and board. There are some limitations on the use of its funds, and there may be tax implications if you don’t use the account for education purposes.
How to waive the monthly maintenance fees - with image on left
You can waive the monthly maintenance fee with one of the following:
- U.S. Bank Payment Solutions Merchant Account
- $10,000 average collected checking balance or $25,000 average collected checking balance on interest-bearing option
- $20,000 in combined average collected deposit balances1 or $50,000 in combined average collected balance on interest-bearing option2
- $50,000 combined average collected business deposits and outstanding business credit balances3
- $75,000 in combined business deposit and outstanding business credit.
Analyzed account3 maintenance and transaction fees can be offset by an earnings credit based on account balance.
How to waive the monthly maintenance fees - with image on right
You can waive the monthly maintenance fee with one of the following:
- U.S. Bank Payment Solutions Merchant Account
- $10,000 average collected checking balance or $25,000 average collected checking balance on interest-bearing option
- $20,000 in combined average collected deposit balances1 or $50,000 in combined average collected balance on interest-bearing option2
- $50,000 combined average collected business deposits and outstanding business credit balances3
- $75,000 in combined business deposit and outstanding business credit
Analyzed account3 maintenance and transaction fees can be offset by an earnings credit based on account balance.
Servicemembers Civil Relief Act (SCRA)
U.S. Bank can help you understand your rights as they relate to key provisions of the SCRA. Our Military Service Center is available to assist with any of your financial needs including questions related to SCRA and requesting benefits.
Here's our Military Service Center contact information and hours of operation:
Phone (in the U.S.): 800-934-9555
Phone (international collect): 513-277-5899
Email: 24hrmilitaryservicecenter.shared@usbank.com
Hours of Operation: Monday - Friday 7 a.m. - midnight (ET)
U.S. Bank Military Service center
Things to know about the Servicemembers Civil Relief Act
We accept relay calls.
We're proud to offer military checking benefits, VA home loans and more to support military service members, veterans and families of veterans.
Learn more about our military banking programs. You can also contact our Military Service Center where we can assist you with many of your financial needs.
Accordion Component
Analyzed account3 maintenance and transaction fees can be offset by an earnings credit based on account balance.
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Equal Housing Lender