What is Betterment? Betterment Review, Features

Betterment is an American financial unicorn company that provides robot advisory and cash management services.

About Betterment

Founded in 2008 and headquartered in New York, Betterment is an American financial advisory company and a goal-based online investment company that provides personalized financial advice as well as low fees and an excellent customer experience. Betterment's main service is goal-based automated investment, which manages passive index tracking portfolios of stocks and fixed-income exchange-traded funds. It provides taxable and tax-advantaged investment accounts, including traditional and Roth individual retirement accounts (IRA), and recently added human financial advisors and checking and savings accounts as additional services. Betterment charges a management fee of 0.25% and enables users to access, view, share and view the activity of their investment portfolios, as well as make deposits and withdrawals anytime, anywhere.

Betterment's features

1. A high-yield cash account helps your savings grow.

Your savings home, earning 12 times the national average. With our high-yield cash reserves, you can add funds to all your near-term plans.

2. Build wealth through automatic investing.

We make investing simple. No day trading or navigating the ups and downs of the market. We're here to help you earn more in the long term and make smart decisions with your money.

3. Keep more money at a low cost.

We offer free cash accounts‡ and low-cost investing so everyone can do the best bang for their buck.