4 ms·
They cost more. They charge .5 percent on assets vs betterment charging .15 if you have over 100k, and .35% if you dont. They both do the same thing, tax loss
by stevenmays 12y ago
They cost more. They charge .5 percent on assets vs betterment charging .15 if you have over 100k, and .35% if you dont.
They both do the same thing, tax loss harvesting and automatic rebalancing. That fee difference over 30 years assuming an investment of 20k per year and an 8% return could cost you like 400k - which is not chump change.
- gabrielgrant 12y agoHow do these compare to https://www.wisebanyan.com https://www.wisebanyan.com? It seems to be roughly the same idea, but without any fees at all (I haven't used any of them, so I'm likely missing something)