How does Betterment work?

Betterment helps you manage your money through cash management, guided investing, and retirement planning. We are a fiduciary, which means we act in your best interest. We'll ask a bit about you when you sign up. We'll also gather information when you connect your outside accounts. Then, we'll help you set financial goals and set you up with investment portfolios for each goal. For your long-term financial needs (like retirement, next year's vacation, or a down payment), our investment strategy utilizes low-cost ETFs (exchange-traded funds) and an adjustable risk profile based on your goal type and how long you plan to invest. For your daily saving and spending, you can use our cash management products that include Checking (which is offered by nbkc bank, Member FDIC) and Cash Reserve, a high-yield cash account.

Will I have access to real humans?

Customer support team members are available five days per week to answer questions about your account. If you want in-depth financial advice, you can talk to a licensed advisor by phone for an additional cost. Our Premium plan provides you with unlimited access and costs an additional 0.15% on your invested balances (with a minimum account balance requirement of $100,000). We also offer advice packages for needs of all kinds, starting at $299.

Is my money safe at Betterment?

Betterment Securities is a Member of SIPC, which protects securities of its members up to $500K (including $250K for claims for cash). Explanatory brochure available upon request or at www.sipc.org. What you should remember is that the SPIC does not protect against market changes in your investing account. Individual Cash Reserve accounts have FDIC insurance up to $2 million and joint Cash Reserve accounts offer up to $4 million in FDIC insurance once funds are deposited into our program banks†. Funds deposited into Checking are FDIC-insured up to $250,000 for individual accounts and up to $250,000 per depositor for joint accounts, provided by nbkc bank, Member FDIC. Explore further details about FDIC insurance.

Who are the experts behind the scenes?

Our team of investing experts make decisions about our portfolio strategies and fund selection with the help of an external committee of economists, PhDs, and industry experts. More than just a portfolio management team, our experts work to develop improvements to our Tax Smart technology, our cash analysis tools, and other advanced strategies.

A better way to save

Betterment is built to help you achieve what you want with your money. Invest with an automated, expert-built portfolio. Save with a high-interest cash account, earning 4.75% APY* (variable) with up to $2 million^† in FDIC insurance at our program banks.

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2023 Best Robo-Advisor
Best Overall Robo Advisor of 2022
Best Robo-Advisor Overall of 2023

A high-yield cash account helps your savings grow.

A home for your savings that earns 11x the national average.** With our high-yield Cash Reserve, you’re set to grow your money for all your near-term plans.

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Build wealth with automated investing.

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

Investing goals of a college fund, a home down payment, and retirement, with a person holding a phone.

Invest the way you want.

Get started with diversified portfolios of stocks and bonds or crypto.
We handle the hard stuff.

From recurring deposits to dividend reinvesting to managing your portfolio.
Limit tax impact.

Automated and optimized tax strategies are designed to help you minimize the tax impact on your investments.

Keep more of your money with low fees.

We offer no-fee cash accounts and low-cost investing so everyone can do what’s best for their money.

Want to know how you can make the most of your money? Take our quiz.

See what your money can be.

No matter what you want to do with your money, we’ll help you save, invest, and live the life you want.

A person sitting in an allocation chart floating amongst the clouds an looking at their phone that has an on track retirement goal.

I like the different types of accounts offered on Betterment, the high APY and how easy it is to check my accounts on mobile.

- Karen G.

Client of Betterment. Views may not be representative, see more reviews at the App Store and Google Play Store.

Want to know how you can make the most of your money? Take our quiz.

Still have questions?

Betterment helps you manage your money through cash management, guided investing, and retirement planning. We are a fiduciary, which means we act in your best interest.

We'll ask a bit about you when you sign up. We'll also gather information when you connect your outside accounts. Then, we'll help you set financial goals and set you up with investment portfolios for each goal.

For your long-term financial needs (like retirement, next year's vacation, or a down payment), our investment strategy utilizes low-cost ETFs (exchange-traded funds) and an adjustable risk profile based on your goal type and how long you plan to invest.

For your daily saving and spending, you can use our cash management products that include Checking (which is offered by nbkc bank, Member FDIC) and Cash Reserve, a high-yield cash account.
Customer support team members are available five days per week to answer questions about your account.

If you want in-depth financial advice, you can talk to a licensed advisor by phone for an additional cost. Our Premium plan provides you with unlimited access and costs an additional 0.15% on your invested balances (with a minimum account balance requirement of $100,000). We also offer advice packages for needs of all kinds, starting at $299.
Betterment Securities is a Member of SIPC, which protects securities of its members up to $500K (including $250K for claims for cash). Explanatory brochure available upon request or at www.sipc.org. What you should remember is that the SPIC does not protect against market changes in your investing account.

Individual Cash Reserve accounts have FDIC insurance up to $2 million and joint Cash Reserve accounts offer up to $4 million in FDIC insurance once funds are deposited into our program banks^†.

Funds deposited into Checking are FDIC-insured up to $250,000 for individual accounts and up to $250,000 per depositor for joint accounts, provided by nbkc bank, Member FDIC. Explore further details about FDIC insurance.

Betterment LLC received a 5 Star Rating from Bankrate and was acknowledged the 2023 Best Robo Advisor on January 10, 2023. It was considered amongst an unknown number of competitors based on overall cost, investments and portfolio options, types of accounts available, features/tools, and customer experience. Cash compensation was exchanged to secure licensing rights from Bankrate; © 2023 Bankrate, LLC. The author is a client of Betterment. For more information, visit https://www.bankrate.com/investing/reviews-methodology.

Betterment LLC received the Best Overall Robo Advisor of 2022 award from the Buy Side from Wall Street Journal on July 7, 2022 for the duration of 2022 thus far. It was considered amongst 20 robo advisors based on a criteria including but not limited to, their fees, investment strategies and investor services, including financial planning, tax-loss harvesting and availability of a premium service, with information from the robo advisors' websites, augmented conversations with communications personnel, and additional third party reports featuring the robo advisors. No compensation was exchanged for this award. The author is not a client of Betterment. This recognition may not be representative of Betterment client experience, advisory services, or investment performance. For more information, visit https://www.wsj.com/buyside/personal-finance/best-robo-advisors-01657136733.

Betterment LLC received the best overall Robo-Advisor Of 2023 from Forbes Advisor on 1/1/2023 for the duration of 2022 It was considered amongst more than 40 robo-advisor products based on customer experience, their portfolios’ overall performance, account minimums, availability of human advisors, financial planning capabilities, level of transparency about potential conflicts of interest, size and tenure, and investment and management costs. Cash compensation was exchanged to secure licensing rights from Forbes; © 2023 Forbes Media LLC. The author is a client of Betterment. See here for more information.

A better way ["to save","to invest"] to save

A high-yield cash account helps your savings grow.

Build wealth with automated investing.

Invest the way you want.

We handle the hard stuff.

Limit tax impact.

Keep more of your money with low fees.

Want to know how you can make the most of your money? Take our quiz.

See what your money can be.

Want to know how you can make the most of your money? Take our quiz.

Still have questions?

A better way to save