Chat with us, powered by LiveChat


Visit Site

Betterment has huge name recognition in the robo-advising space. If you want a company which is modern, and easy to use, this might be the one for you.

  • There is no minimum investment.
  • You pay a management fee 0.25% with any balance up to $100,000
  • They offer tax-loss harvesting
  • If you have over $100,000, you can work with a CFP

Most robo-advisors don’t have much of a human element, but Betterment does. Usually robo-advisors remove the human element in order to keep the costs low. But if you have enough money, Betterment has a premium service which is perfect.

Great for

Low maintenance investors who appreciate a modern website and/or investors starting out, and don’t have much money.


Direct indexing, which can minimize taxes on taxable accounts isn’t offered.

Betterment Pricing

Betterment Digital: 0.25% management fee, with $0 minimum balance

Betterment Premium: 0.40% management fee, with $100,000 minimum balance

Betterment is focused on minimizing fees. It doesn’t charge trade fees, transfer fees, or rebalancing fees. It’s annual fee depends on the level of service you want, and the minimum balance you have.

The fees you owe are taken out of your account. You don’t need to mail a check, or make an online payment. If you don’t have a balance, there is no fee.

You can also cancel your account at any time. If you cancel, the fees are prorated.

Betterment’s Investing Strategy

The company emphasizes maximum diversification across a broad asset class. It’s portfolio focuses entirely on ETFs. They are low cost, and have a high liquidity. It tries to choose the lowest-fee ETFs that have the best results.

Your portfolio is based on what risk level and financial goals you indicate during the onboarding process. For example you can choose: safety net, build wealth, or retirement.

If you’re less risk tolerant, the company adds more bond ETFs, that include short term treasuries, municipal bonds, emerging market bonds, etc.

If you are open to more risk, the portfolio will consist of stock ETF’s that include emerging markets, mid-cap value stocks, and more. Each portfolio has a different allocation of ETF types.

Betterment offers Tax Loss Harvesting

This is a VERY cool feature. Essentially what Betterment does, is it looks for losses that can be harvested in your portfolio everyday in order to minimize your tax liabilities. The goal is to sell a security that resulted in a potential loss for you, in order to re-purchase a similar security to the one that experienced a loss, thereby keeping your portfolio in balance and not creating additional tax liabilities for you.

Betterment Everyday

This is a high yield cash account which is part of Betterment’s cash management suite. This helps customers earn a rate up to 1.78% APY. There are no withdrawal limits on how many times you can move money from your account.

Every day, the tool analyzes your checking account to see if there’s excess money which can be earning money for you. Betterment will transfer the extra cash into your Cash Reserve.

Ultimately, if you’re looking for a top financial advisor, this might be the one for you!


Delancey Street is here for you

Our team is available always to help you. Regardless of whether you need advice, or just want to run a scenario by us. We take pride in the fact our team loves working with our clients - and truly cares about their financial and mental wellbeing.

"Super fast, and super courteous, Delancey Street is amazing"
$500,000 MCA Restructured Over 3 Years
"Thanks for helping me in literally 24 hours"
$250,000 SBA Loan Offer in Compromise
"Great choice for business owners who need a trustworthy partner"
$350,000 MCA Restructured Over 2 Years

In The Media

Delancey Street CEO discusses ways to reward employees
Delancey Street CEO discusses the benefits of franchising on Forbes.
Delancey Street CEO discusses management on AMEX.
Connecticut Debt Relief Lawyers

Dealing with overwhelming debt can be a daunting and stressful…

Connecticut Timeshare debt relief lawyers

In today’s fast-paced world, timeshare ownership has become a popular…

Connecticut Medical Debt relief Lawyers

Medical debt is a growing concern for many Americans, and…

Connecticut Student Debt Relief Lawyers

Student debt has become a significant burden for many individuals…

Connecticut Debt Consolidation

Debt can be a heavy burden to bear, especially when…

Delancey Street simply gets it. You're talking to experts.
Steven Norris
Get Help Today

Ready To Get Started?

If you have questions, feel free to shoot us an email, or fill out our live chat.

Schedule Consultation