Betterment offers a leading AI-advisor that excels at making long-term, passive investing simple and accessible. Its user-friendly platform, automated portfolio management, and goal-setting tools are ideal for hands-off investors. While it may offer limited customization for advanced traders, its solutions are competitive and comprehensive.
Betterment Specifications
Financial Reporting
Tax Management
Budgeting and Forecasting
What Is Betterment?
Betterment is a digital investment management platform, often called an AI-advisor, that provides automated, goal-based investing and cash management services to individuals. The software uses modern portfolio theory to build and manage globally diversified portfolios of exchange-traded funds (ETFs) tailored to a user's risk tolerance and financial goals.
Betterment software automates complex tasks like rebalancing and tax-loss harvesting, making sophisticated investing strategies accessible to both beginners and experienced investors who prefer a hands-off approach to growing their wealth.
Betterment Pricing
Betterment's pricing is primarily based on an annual advisory fee, charged as a percentage of the assets you invest. These are:
- Investing
- Cash
- premium
Disclaimer: The pricing is subject to change.
Betterment Integrations
Betterment offers partner integration opportunities with a number of other providers for easy access to all financial information. These integration partners include:
- Advyzon
- Docuspace
- eMoney
- Orion
- Wealthbox
Who Is Betterment For?
Is Betterment Right For You?
Betterment is an excellent choice if you want to invest for the long term without the stress and complexity of picking individual stocks or manually managing a portfolio. Its key strength is its "set it and forget it" automated approach, which includes automatic rebalancing and tax-optimization strategies. The platform is particularly well-suited for individuals who are saving for specific goals like retirement or a down payment and appreciate a clean, user-friendly digital experience. If you value expert-built portfolios and automated discipline over manual control, Betterment is a top-tier platform.
Still doubtful if Betterment is the right fit for you? Connect with our customer support staff at (661) 384-7070 for further guidance.
Betterment Features
Receive a personalized, globally diversified portfolio of low-cost exchange-traded funds (ETFs) based on your risk tolerance and timeline. The platform's software automatically handles rebalancing to keep your asset allocation on track with your long-term goals.
See How It WorksThis automated feature helps lower your investment taxes by selling securities that have experienced a loss to offset gains. The software then replaces them with similar assets, maintaining your portfolio's target allocation while potentially increasing your after-tax returns.
See How It WorksEarn a competitive variable interest rate on your cash savings with this high-yield account. It is FDIC-insured up to $2 million ($4 million for joint accounts) through partner banks and has no fees or withdrawal limits, making it a flexible cash management tool.
See How It WorksSet up multiple savings and investment goals, such as retirement, a down payment, or a general safety net. The platform provides personalized advice and projections for each goal, helping you understand how much to save and how to invest to reach them.
See How It WorksAlign your investments with your values by choosing one of Betterment’s three Socially Responsible Investing portfolios. These options focus on companies with high ratings for environmental, social, and governance (ESG) impact, allowing you to invest for a better world.
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