Betterment Fees vs Wealthfront Fees

Betterment Fees and Wealthfront Fees
  • Matter: Betterment vs Wealthfront Fees
  • Reviewed by: Janet Berry-Johnson, CPA
  • Revealed on: October 25, 2016
  • Final modified: October 25, 2016
  • Betterment Supplies as much as 6 months of service free in case you enroll right here.
  • Make sure to try our Betterment Evaluation for extra data

Because of Robo-advisors, buyers don’t must have giant portfolios or rent a financial advisor to obtain the very best returns potential. Expertise permits them to cost a fraction of what conventional managers cost, but nonetheless, present customized recommendations and portfolio administration beforehand reserved just for the rich. But even Robo advisors come at a value and the charges differ by platform. Right here’s a comparability of the charges charged by Betterment vs. Wealthfront.


Betterment by no means expenses commerce charges for getting or promoting securities or depositing or withdrawing out of your account.

Administration charges are primarily based on the account balance. Account balances of $1 to $9,999 pay a fee of 0.35%, so long as the investor implements a $100 per 30 day automated deposit. Without the automated deposit, Betterment expenses are $3 per 30 days.

Accounts with a balance of $10Okay to $99,000 are charged a 0.25% fee. Accounts with balances of $100Okay and up are charged 0.15%. No recurring deposit is required for account balances of $10Okay and up.

Betterment has no account minimums and buyers are by no means charged a low-balance fee, aside from the $3 per 30 days fee for having an account balance underneath $10Okay without the $100 per 30 days automated deposit.

low balance fee


Like Betterment, Wealthfront by no means expenses charges for getting or promoting securities or transaction charges for deposits or withdrawals.

The place Wealthfront excels is with account balances underneath $10Okay, as these are managed without cost. For account balances above $10Okay, Wealthfront expenses a 0.25% annual advisor fee. Nevertheless, in case you invite family and friends to open an account, for everyone that indicators up, Wealthfront will waive charges on an extra $5,000 of belongings.

Wealthfront does require a minimum balance of $500 to open an account.

The Underside Line

Each Betterment and Wealthfront provide portfolios of low-cost ETFs, which have charges embedded in their prices. It’s essential to know that irrespective of which Robo-advisor you select, ETFs have their very own inherent charges.

One other benefit loved by shoppers of each Wealthfront and Betterment is that charges are charged per consumer, not per account. So in case you have a $50,000 taxable account plus a $60,000 IRA with Betterment, you’ll fall into the 0.15% tier.

As a result of Wealthfront waiving administration charges on the primary $10,000 of belongings, they could be a greater possibility for buyers beginning out with none present belongings to roll in. For buyers who can transfer belongings to get their account balance over $100,000, Betterment presents a decreased annual advisor fee.

Sharing is Caring – Share it with someone you care….




  • How long does it take for CBD Pain Cream to Work?

    How long does it take for CBD Pain Cream to Work?

    CBD Pain Cream has gained popularity as a natural remedy for managing various forms of discomfort and pain. Many individuals turn to this topical solution in hopes of finding relief from conditions like muscle soreness, joint pain, and even skin-related issues. However, a common question that arises is, “How long does it take for CBD… READ MORE…

  • How Old Is Roger Penske

    How Old Is Roger Penske

    Age is just a number, as the saying goes, but when it comes to legendary figures it’s often fascinating to learn how long they’ve been gracing us with their presence. Roger Penske, the iconic American entrepreneur and motorsports icon, has been a towering fixture in the world of racing and business for decades. As the… READ MORE…

  • What are the Must-Know Rules for Fishing in Dubai?

    What are the Must-Know Rules for Fishing in Dubai?

    Dubai, with its stunning coastline along the Persian Gulf, offers not only a haven for tourists but also a remarkable destination for fishing enthusiasts. The emirate’s diverse marine ecosystem provides a wealth of opportunities to catch various fish species, making it a popular spot for both recreational and professional fishing. Dubai’s waters are teeming with… READ MORE…