The tone suggests that Finance 2.0 is old news, as though we’re talking about Latin American revolutions in the ’60s: These upstarts are unlikely to succeed or change anything.
We’ve been following the subject of this article, Covestor, since they were only this_tall. We think they’ve launched an interesting product, one that wraps all commissions into a single fee and gives anyone a chance to be an investment advisor (although data shows that few of them will be successful).
Here at Betterment, we do it even better: Make the fee lower. Make it a single account. Make it one decision. Cut out middlemen – don’t introduce more.
It’s not democracy at work, rather it’s efficiency, behavioral psychology, and decades of investing research at work. Now thats’ something to get excited about.
How We Use Your Dividends and Deposits to Keep Your Tax Bill Low
Every penny that comes into your account is used to rebalance dynamically—and in a tax-savvy way.
How to Do a Direct IRA Transfer
A transfer of your IRA to Betterment is easy and can be done online in four simple steps.
Manage Your Cash the Modern Way With Two-Way Sweep
Manage your cash the modern way—effortlessly. Try out Two-Way Sweep, our latest in cash management technology.
Explore your first goal
This is a great place to start—an emergency fund for life's unplanned hiccups. A safety net is a conservative portfolio.
Whether it's a long way off or just around the corner, we'll help you save for the retirement you deserve.
If you want to invest and build wealth over time, then this is the goal for you. This is an excellent goal type for unknown future needs or money you plan to pass to future generations.
How would you like to get started?
Your first step toward a smarter investing future starts here.
Create a Betterment account
Go ahead and join the smart, modern way to invest.
See what we can do for you
Tell us a bit about yourself, and we'll show you the benefits of investing with us.
Get a free investing checkup
Help us get a sense of your investing approach and see how you could improve.
Transfer a 401(k) or an IRA
Move an existing retirement account into a Betterment IRA.
Download the mobile app
Enjoy the Betterment experience anywhere on the go.