Overall
5.0 NerdWallet rating
Account minimum
$0 for Betterment Digital, $100,000 for Betterment Premium.
Account management fee
0.25% for Betterment Digital, 0.40% for Betterment Premium.
Investment expense ratios
ETF expense ratios average 0.13%.
Account fees (annual, transfer, closing)
None.
Portfolio mix
  • Standard portfolio uses ETFs from about 12 asset classes.
  • Socially responsible investing, smart beta and target income portfolios available.
  • For accounts of $100,000 or more, ability to adjust percentage of portfolio in each investment.
Accounts supported
  • Individual and joint nonretirement accounts.
  • Roth, traditional, SEP and rollover IRAs.
  • Trusts.
  • Ability to link external accounts for personalized advice (but not direct management).
Tax strategy
  • Daily tax-loss harvesting on all taxable accounts.
  • Tax-Coordinated Portfolio tool allocates assets across retirement and taxable accounts according to tax impact.
  • Tax Impact Preview tool warns about the tax effect of making portfolio changes.
  • Charitable giving tool makes it easy to donate appreciated assets.
Automatic rebalancing
Free on all accounts.
Human advisor option
For an extra fee, advice packages include consultations; Premium customers get unlimited telephone calls with a team of certified financial planners.
Tools
Numerous tools and calculators to help set goals, choose the right accounts and make money decisions.
Customer support options (includes website transparency)
Phone, text and email support Monday-Friday 9 a.m.-6 p.m. Eastern time. Email only on Saturdays and Sundays 11 a.m.-6 p.m. Eastern time.
Promotion
Up to 12 months of free management: deposits of $15,000 to $99,999 get one month free; $100,000 to $249,999 get six months free; $250,000+ get one year free.

If you refer a friend and that person funds an account, you'll get one month and your friend will get three months of free management.