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Betterment reviews - Pros, Cons, and Features

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What is Betterment?

An online investment company based in New York City. Betterment is a registered investment advisor (RIA) and a broker-dealer.

Based on - 112 user ratings

68

24

12

2

6

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86%

DigitalScore

Android
iOS

Betterment Key Features

1. Tax Efficiency - Features like Tax-Loss Harvesting+ to optimize after-tax returns.
2. High-Yield Cash Reserve - Earns 4.00% APY with FDIC insurance up to $2 million.
3. Automated Investing - Diversified portfolios managed with automated rebalancing.
4. Socially Responsible Investing - Options to invest in portfolios aligned with social values.

Betterment Pros

1. Low fees
2. No minimum
3. Auto features

Betterment Cons

1. Limited advisors
2. Crypto costs more
3. No direct indexing

Betterment Pricing

• 0.25% annual fee; $4/month for balances under $20,000 without $250 monthly deposit

* Check website for price changes.

Ideal For

Personal use

Most commonly used for

Automated investing and retirement planning.

Top Betterment Alternatives

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Vanguard

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88%

Coinbase

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Gemini

Compare Betterment to Alternatives

VS.

Image-empty-state_edited_edited.jpg

Betterment

DigitalScore 86%

Pros

1. Low fees
2. No minimum
3. Auto features

Cons

1. Limited advisors
2. Crypto costs more
3. No direct indexing

Most commonly used for

Automated investing and retirement planning.

Image-empty-state_edited_edited.jpg

Thunder

DigitalScore 0%

Pros

1. Free for investors
2. Vetted startup profiles
3. Smart AI investor matching

Cons

1. VC-focused only
2. Some features paid
3. Limited access approval

Most commonly used for

Connecting startups with relevant investors using AI to streamline fundraising.

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Cons

6 Betterment reviews

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User reviews

Rookie

16

Rating:

Amazing

Everyday Consumer

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Betterment is a leading provider on the internet for investing online in my opinion. I use it and am very happy with the features and support they offer.

3

01-Sep-2020

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User reviews

Rookie

16

Rating:

Amazing

Everyday Consumer

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Great for investing online. You have everything you need in one place.

31-Aug-2020

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User reviews

Rookie

6

Rating:

Worth It

Everyday Consumer

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good investing platform they make it easy to use and visualize your investment plat throughout the years

23-Oct-2022

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User reviews

Rookie

6

Rating:

Amazing

Everyday Consumer

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I like and trust Betterment with my investing. Everyone should be carful though and be mindful on what and where they are investing their money.

25-Mar-2021

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User reviews

Rookie

5

Rating:

Worth It

Everyday Consumer

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I'm happy with investing my money through Betterment. They have great support and good costumer service.

05-Apr-2021

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User reviews

Rookie

4

Rating:

Amazing

Everyday Consumer

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Good for traditional trading and investing. They have an easy to use website and app that shows all the stats you need o know about your portfolio.

04-Dec-2021

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