Jon Stein: Automated Rebalancing and Your Tax Bill (video)
Betterment’s automated rebalancing is designed to not only save you time and stress—we do it in a way that helps you avoid excessive capital gains.
Originally published: February 24, 2014
Betterment makes sophisticated software that individuals can use to invest in a diversified portfolio with a personalized allocation.
Algorithmic rebalancing and dividend reinvesting keep short-term capital gains to a minimum.
At Betterment, we rebalance investments for our customers automatically—it’s built into our investing service so that you never have to worry about taking on this task yourself. As CEO Jon Stein explains, we don’t just automate this—we do it in a way to minimize your exposure to capital gains. Read more about how we use your dividends to keep your tax bill low.
Betterment is the largest independent online financial advisor with more than $9 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 250,000 customers across its three business lines: direct-to-consumer, Betterment for Advisors, and Betterment for Business. Learn more.
Betterment is the largest automated investing service that helps people to better manage, protect, and grow their wealth through smarter technology. The service offers a globally diversified portfolio of ETFs, designed to help provide you with the best possible expected returns for retirement planning, building wealth, and other savings goals. Betterment helps people to achieve a smarter financial future with minimal effort and at a fraction of the fees of traditional financial services. Learn more here.
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