Betterment

๐Ÿ™‹ 142 users

๐Ÿ‘ 94.73%

Share your experiences with Betterment

Tell us what you like and dislike about Betterment. Help others make more informed decisions based on your insights.

Cameron D ๐Ÿ‘

Pros

They make investing very easy; I love having the ability to automate investing so I don't have to worry about it. The ability to make multiple goals with different stock to bond allocations is also very useful.

Cons

Nothing I can think of, I've researched most of the major robo advisors but always come back to Betterment.

Sanjeet S ๐Ÿ‘

Pros

Super easy to start investing; low investment minimums. I started two accounts which were the Roth IRA and a safety net account. Once I closed the safety net, it was easy to transfer money to the Roth IRA. The investment options are good and it is super clear what you are investing in.

Cons

Rollover process. I spent at least 3 weeks working to roll over my Roth IRA to Fidelity. It took me 1 week to roll over my 401k to Fidelity for comparison.
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Important Info:

Fees
0.25%
Fund Costs
0.13 - 0.22%
Minimum Deposit
$0

Betterment

๐Ÿ‡บ๐Ÿ‡ธ
Betterment's NYC-based team manages $13.5 billion in assets. Based on Finimize's research, Betterment takes on an average amount of risk compared to other US robo advisors.

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