Fidelity Go Flex Funds, Bond and Cash Allocations: Betterment handily beats Fidelity Go when it comes to the list of account types. … But, overall we favor Betterment, and here’s why. Betterment, on the other hand, does offer tax-loss harvesting which reduces payments to the IRS, in taxable investment accounts. Betterment Tax Forms. High net worth investors can also opt for Betterment Premium with financial advisors and other benefits. At the end of the day, you are responsible for managing your own investments. Betterment has tax-loss harvesting for accounts with as little as $50,000. In the Betterment vs. Wealthfront vs. M1 Finance debate, it’s easy to see that each robo is a good value for investors. E*TRADE doesn't require a minimum to open a brokerage account. Choosing the best online brokerage is a key step to being a successful investor. Fidelity Go, the robo-advisor from online broker Fidelity Investments, brings a different pricing model to the market. When it comes to support for 401(k) plans, there is a clear line of division between the two apps. With an advisory fee at just 0.25%, it's at the low end of the robo advisor fee range. At just about any experience or portfolio level, Fidelity comes out as the overall winner. However, Betterment has a greater selection of investment funds with more diversity. All three platforms provide investor access online and by iOS and Android mobile apps. Human financial planners available via text and via video chat, Member of the Fidelity Investments family, Up to $10,000 – zero account management fees, Traditional, Roth, and Rollover IRA accounts, SEP IRA accounts (for the self-employed and small businesses), Traditional, Roth and Rollover IRA accounts, Investors who want access to human financial advisors. Betterment charges 0.25% for its basic digital offering. Robo-Advisors vs Index Funds – Which are Best? Betterment Vs Vanguard Fees . Helping make finance easy. Betterment's $0 minimum is clearly a differentiator, especially when a top overall pick like Vanguard Personal Advisor Services has an account minimum of $50,000 (Fidelity … Plus, you have the annual charges. Not only does E*TRADE give you the ability to be a successful self-directed investor, offering stocks, bonds, mutual funds, exchange-traded funds (ETFs), options, futures and FOREX trading, but it also offers four different managed investment options. Betterment requires no minimum balance and charges a 0.25% annual fee, or about $25 per year for every $10,000 invested, for a regular digital account. That helps to explain why its assets under management are in the trillions, while the other two platforms are in the tens of billions. Finally, if you’re seeking a digital or robo-investment manager, then Betterment offers a more comprehensive service with more diverse investments and financial advisor access at a lower overall price. We may, however, receive compensation from the issuers of some products mentioned in this article. Betterment is the largest independent robo-advisor in the industry, with at least $13.5 billion in assets under management. In basketball, there's Michael Jordan. Stash vs. Betterment – Extra Features. One of the advantages of that kind of size is that Fidelity can offer 24/7 customer service as well as access to more than 140 local branches throughout the country. The more than $65 billion in assets it has under management testify to that fact. E*TRADE and Fidelity have eliminated trading commissions, although each also charges an annual advisory fee on its robo advisor. E*TRADE offers 24/7 customer service by live chat. Fidelity Go doesn’t offer certified financial planners for their clients. Betterment: $240,750*1.05+$1,350=$254,147.50, or $43,537.50 behind Fidelity We get the picture: not only will we never recover the $42,000, but the foregone capital income from the missing $42k is more than you can ever recover from the maximum tax loss harvesting every year. The Future of Robo-Advisors-Are Human Advisors and Small Players Doomed? You can trust the integrity of our balanced, independent financial advice. Beginners: Ally Invest. She is the founder of bravelygo.co, a company that connects women and money. Today we’re going to help by comparing two high-quality robo-advisors: Betterment vs Fidelity Go. Should you invest with Betterment or Wealthfront? As an investor, you turn your money over to Betterment and it handles all the investment management for you. Maybe between E*TRADE and Fidelity, which offer similar investment services. 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