Betterment Review

Betterment is an automated investing service that provides smart investment decisions to customers who want a better way to manage their money. Their revolutionary software helps people reach their financial goals through efficiency, for a low cost. I opened an account with them a few years ago when they were offering a sign up bonus. I still have the account, but I took my money out since debt repayment rather than investing is the priority for my money right now. Once I have my debt paid off and have money to invest again I plan to put money in my Betterment account.

The main thing I like about Betterment is they offer a diversified portfolio of ETFs that include a mix of stocks and bonds. They allocate your portfolio based on your age and risk tolerance and automatically rebalance the portfolio for you. And they do this for a reasonable cost. Betterment charges a management fee of 0.15% to 0.35%, depending on your balance and auto-deposit, and is prorated across the entire year and is charged at the end of each calendar quarter (every three months). Generally, the more you have invested the lower your fee.

They do not have any minimum balance to open an account so you don’t have to wait until you have saved thousands of dollars to open an account. That being said the sooner you can get your account up to $10,000 the better since you will pay lower management fees with a balance of $10,000 or more.

If you want to learn more about Betterment or open an account you can use one of the affiliate links in this post or go to

1 thought on “Betterment Review

  1. I have only 4 goals for next year. I’ll share that with you at the end of January on the Betterment blog. They’re publishing my resolutions for me. You can be sure that they are four very clear, very hard to attain goals, but I know that I can do it, because they are important to me, and are goals that I am already striving for.

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