Betterment

Betterment is a leading robo-advisor that manages your investments for you. You answer questions about your goals and risk tolerance, and their algorithm builds and manages a diversified portfolio of low-cost ETFs.

Frequently Asked Questions

1. What is a robo-advisor?

It is an automated service that builds and rebalances your investment portfolio using software, usually at a lower cost than a human advisor.

2. What are the fees?

Betterment charges an annual fee of 0.25% of your invested balance. There is no fee for the Checking account.

3. Is there a minimum balance?

No. You can start investing with any amount.

4. What is Tax Loss Harvesting?

It is a feature that automatically sells losing assets to offset taxes on gains. Betterment offers this automatically on eligible accounts.

5. Is it safe?

Yes. Betterment is a fiduciary and accounts are SIPC protected.