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#15
#15

Betterment

Portfolio

Digital: 0.25% | Premium: 0.40% (with CFP access) | $0 minimumBest for: Goal-Based Investors & Financial Planners

The Review

Betterment was the first robo-advisor to launch (2010) and remains one of the largest with over $45 billion in assets under management. The platform automates portfolio construction, rebalancing, and tax optimization, making professional-grade investing accessible to anyone with $10.

Betterment offers two tiers: Digital ($0 minimum, 0.25% fee) and Premium ($100K minimum, 0.40% fee with access to CFP advisors). Both include automated rebalancing, tax-loss harvesting, and goal-based portfolio allocation. The Premium tier adds unlimited access to certified financial planners for personalized advice.

The platform's goal-based approach is its signature feature. Instead of managing one portfolio, Betterment lets you create separate goals (retirement, emergency fund, house down payment) each with its own asset allocation and timeline. This makes it easy to see how each goal is progressing independently.

Why It Ranks #15

The original robo-advisor and still one of the best. Goal-based investing, tax-loss harvesting, and the option to add human advisor access make it a complete solution for investors who want automation with flexibility.

Key Stats

$45B+

Assets Managed

900K+

Accounts

$0

Minimum Investment

2010

Founded

Key Features

Goal-based portfolio allocation
Automated rebalancing and tax-loss harvesting
Tax-coordinated portfolio across account types
Access to CFP advisors (Premium tier)
High-yield cash reserve
Socially responsible investing (SRI) portfolios
Charitable giving with appreciated shares
Automatic deposits and two-way sweep

Fun Facts

1.Betterment launched at TechCrunch Disrupt in 2010 as the first robo-advisor
2.The company's tax-coordination feature optimizes asset location across taxable, IRA, and 401(k) accounts
3.Betterment introduced two-way sweep to automatically move excess cash into investments
4.The platform's charitable giving feature lets you donate appreciated shares for tax benefits

Frequently Asked Questions

What is Betterment?

Betterment was the first robo-advisor to launch (2010) and remains one of the largest with over $45 billion in assets under management. The platform automates portfolio construction, rebalancing, and tax optimization, making professional-grade investing accessible to anyone with $10.

How much does Betterment cost?

Betterment pricing: Digital: 0.25% | Premium: 0.40% (with CFP access) | $0 minimum. It is best for Goal-Based Investors & Financial Planners.

Why is Betterment ranked #15?

The original robo-advisor and still one of the best. Goal-based investing, tax-loss harvesting, and the option to add human advisor access make it a complete solution for investors who want automation with flexibility.

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