Asked by: Nura Corralizapersonal finance options
Is Betterment a robo advisor?
Last Updated: 15th January, 2020
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In this regard, can I trust betterment?
The answer is yes. When you manage your investments throughBetterment, all the assets and securities in your portfolioare strictly under your ownership.
Subsequently, question is, is betterment worth the fee? Full Review The company offers two service options:Betterment Digital, its legacy offering, has no accountminimum and charges 0.25% of assets under management annually.Betterment Premium provides unlimited phone access tocertified financial planners for a 0.40% fee and $100,000account minimum.
Also to know, does betterment automatically invest for you?
Betterment will manage your investments,and automatically make adjustments over time (choose betterfunds, reinvest dividends, adjust your risk, and manage taxes) soyou don't have to.
What funds does betterment use?
Betterment uses the following ETFs for core stockexposure:
- U.S. Total Stock Market Index ETF (VTI)
- U.S. Large-Cap Value Index ETF (VTV)
- U.S. Mid-Cap Value Index ETF (VOE)
- U.S. Small-Cap Value Index ETF (VBR)
- Developed International Markets Index ETF (VEA)
- Emerging International Markets Index ETF (VWO)