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Betterment Review

By Arielle O’Shea

There’s a lot of competition in the robo-advisor game, but Betterment, which manages more than $2 billion in assets, is one of the best online investment advisors you can find. It’s no surprise: The service says its clients can expect returns 4.3% higher than the average DIY investor.

How? A combination of diversification, automatic rebalancing, and low management fees. The reduction in management fees alone could save an investor more than $55,000 over 20 years, according to Betterment’s own analysis. Betterment clients pay no commissions or transaction fees, and management expenses are levied on a three-tier basis according to account balance.

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This article originally published July 22nd, 2015 on NerdWallet.