Betterment Review

Betterment is one of the biggest names in automated robo-advisor offerings, allowing it to offer some of the best features and pricing.

Betterment: Overall

Betterment has some of the best options when it comes to diversifying your portfolio, as well as an array of pricing options that let’s you feel more in control, even if your investments are automated.

Betterment: Fees

Betterment’s pricing options are based on the amount of money that is in your account, giving incentives for the more money you contribute. (Note: Betterment is one of the only robo-advisor offerings that doesn’t have a minimum amount requirement.)

$0-$10,000: There is a 0.35% annual fee charged monthly if you opt for Betterment’s auto-deposit option, or $3/month if you don’t sign up for auto-deposit.

$10,000-$100,000: This account has a flat 0.25% annual fee charged monthly.

$100,000+: This account also has a flat 0.15% annual fee, but also offers personal consultation on accounts over $500,000.

Betterment, like TradeKing, also has no trading fees.

Betterment: Options

Betterment offers IRAs, rollovers, trusts and other taxable accounts. Like most robo-advisors, Betterment invests your money in ETFs (exchange traded funds), which are cheaper and more tax efficient than mutual funds.

Betterment: Features

Betterment has a lot of the same features as the other robo-advisor offers, like automatic rebalancing and tax-loss harvesting, but also invests in fractional shares.

Referrals: When a friends signs up for Betterment through your referral link, you both get 30 days for free.

Sign-up bonus: You can also get up to 5 months of free trading depending on how much you deposit initially in your Betterment account.

Betterment: User Reviews

  • Overall
  • Fees
  • Options
  • Features


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