Flexible portfolios

You still have access to the core of Betterment’s advice if you use Flexible Portfolios. We will still provide recommendations about the level of risk you should take in your portfolio, as well as how much to save in order to reach your goal. Review the Advice Tab in your Betterment account to see our advice. While adjusting your portfolio, you will also receive a risk and diversification assessment of your changes. Please note that Betterment will not automatically adjust a Flexible ...

You can adjust your existing portfolio strategy by first selecting an investing account from the menu. Once you are on your account page, click on the account in the Account section, and click the “Edit” button below “Portfolio Strategy.” If you are looking to create a new self managed portfolio, we now offer Custom Portfolios instead. Learn more about Custom Portfolios and how to build one here.

If you change an existing taxable goal’s portfolio to a Flexible Portfolio you may see an impact on your taxes. Betterment’s Tax Impact Preview will display the estimated impact. Please note, Flexible portfolios are being upgraded to Custom portfolios starting August 2026. If you have a Flexible portfolio, your existing holdings and allocations will carry over automatically, and there’s no action needed from you.

Flexible Portfolios are compatible with our tax-smart features, such as Tax Loss Harvesting, Tax Coordination, and Tax Impact Preview, but altering or removing individual asset classes may impact the effectiveness of these strategies relative to their effectiveness when used with the Betterment Portfolio Strategy. Please note, Flexible portfolios are being upgraded to Custom portfolios starting August 2026. If you have a Flexible portfolio, your existing holdings and allocations will carry over ...