Betterment builds and manages a personalized ETF portfolio for you, automating rebalancing, tax-loss harvesting, and dividend reinvestment.
Each app below addresses a specific gap in Betterment's offering. We picked them based on real user review patterns and feature differentiation.
Wealthfront matches Betterment's automation with tax-loss harvesting and adds direct indexing for accounts over $100K. Its Path tool models financial goals and retirement timelines.
Explore Wealthfront data →Schwab Intelligent Portfolios charges no advisory fee and manages a diversified ETF portfolio. It requires a $5,000 minimum and maintains a cash position as part of its strategy.
Explore Schwab Intelligent Portfolios data →Fidelity Go offers free automated portfolio management for accounts under $25,000, investing in zero-expense-ratio Fidelity Flex funds. It is one of the lowest-cost robo options available.
Explore Fidelity Go data →M1 Finance lets you build custom Pie portfolios that auto-invest and rebalance at zero cost. Unlike Betterment, you choose your holdings but still benefit from automatic rebalancing.
Explore M1 Finance data →Acorns rounds up purchases and automatically invests into diversified portfolios. It adds a checking account and retirement option, making it a micro-investing alternative to Betterment.
Explore Acorns data →Ellevest builds investment plans using salary curves and life expectancy data specific to women. It offers robo-advising plus optional access to financial coaches and planners.
Explore Ellevest data →Betterment is one of the original robo-advisors and remains a top choice for investors who want professional-grade automation without high advisory fees.
Yes. Betterment offers automatic tax-loss harvesting on all taxable accounts at no extra charge. It monitors your portfolio daily and harvests losses to offset gains when opportunities arise.
No minimum is required to open a Betterment Digital account. You can start investing with any amount. Betterment Premium requires a $100,000 balance.
Yes. Betterment supports Traditional IRA, Roth IRA, SEP IRA, and inherited IRA accounts alongside taxable investing and cash reserve accounts.
App Vulture tracks app ratings, update frequency, and user sentiment across robo-advisors and investing apps so you can compare Betterment to alternatives before committing your savings.
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