Our CEO, Jon Stein, had some strong words for the active trading sites in the Dealbreaker feature:
“These forms of trading should be regulated as gambling,”
Betterment is different than the active trading sites because we use the principles of modern portfolio theory to model the overall market. When you have a Betterment account, its like
owning shares in every company in the U.S. As our CEO has said, “Over the long haul, your money will grow with the market,” Stein says. “That is the only gamble a smart investor ought to take.”
Read the full Dealbreaker writeup by clicking here.
Transparency check: Betterment.com is a sponsor of Dealbreaker
Our free 5‑minute investment review helps you get a sense of what you're doing well and where you could improve.
Start your review
With Betterment, you get personalized advice, low and transparent fees, and unlimited access to licensed experts.
Betterment is the largest independent online financial advisor with more than $10 billion in assets under management. The service is designed to help increase customers’ long-term returns and lower taxes for retirement planning, building wealth, and other financial goals. Betterment takes advanced investment strategies and uses technology to deliver them to more than 270,000 customers across its three business lines: direct-to-consumer, Betterment for Advisors, and Betterment for Business. Learn more.