Introduction-

So you’re ready to invest, but where do you start? The market is filled with a lot of options, so it can be hard to find the right one. In this article, we’ll compare two popular robo advisors: Wealthfront and Betterment. We’ll look at their features and fees first before comparing them side by side. Then we’ll dive into some specific strategies that will help you make an informed decision on which platform is right for your needs

Betterment vs Wealthfront-

Betterment and Wealthfront are two of the most popular robo-advisors in the U.S. Both offer a variety of investment options, which can be convenient if you’re looking to start building your portfolio quickly. They both have low fees as well, so they’re great for new investors who want to make sure that their money isn’t going anywhere but where it needs to go.

Betterment robo-advisor fees-

Betterment charges 0.25% annually on its managed portfolios, and Wealthfront’s fees are similar. Both companies have different minimum investment amounts: Betterment requires $0 to open an account, while Wealthfront requires $500.

Betterment Digital-

Betterment Digital is an online investment service that offers a simplified investment experience, low fees and access to a full suite of investment services.

Betterment’s platform includes automated rebalancing, tax loss harvesting and more. The company also offers customized portfolio management recommendations based on your risk tolerance level. Betterment offers both human advisors who can help you choose investments—as well as low-cost exchange-traded funds (ETFs). ETFs are index funds that track stocks or other asset classes like bonds or commodities; they’re often used by investors who want broad exposure to different types of investments without having to worry about picking individual stocks themselves (or being worried about missing out on great opportunities).

Betterment Premium-

Betterment Premium is the most comprehensive investing service available. With it, you get access to all of their services, including:

• Tax-loss harvesting (automatic rebalancing)

• Portfolio analysis and research tools

The main difference between this service and their regular offering is that it provides access to low-cost index funds with no portfolio management fees. This means that if your account balance grows by $100 every year for 10 years, then at the end of those 10 years you’ll have around $120k in your savings account rather than just $10k because there’s no transaction fee associated with managing an investment account on behalf of someone else’s money.

Wealthfront pricing-

Wealthfront has a flat fee of 0.25%, which is lower than many other robo-advisors. Additionally, Wealthfront’s minimum account balance is $500 and the maximum account balance is $1,000,000 (although this is subject to change).

Additionally, there are no trading fees for your first three trades per month with Wealthfront—you just pay a flat rate of 0.25% on all trades executed in that period.

Tax loss harvesting+ –

Tax loss harvesting+ (TLH+) is a feature that allows you to sell your investments for tax purposes. You can use this feature to pay off debt or invest in stocks and bonds, but the main purpose of using TLH+ is to take advantage of the long-term capital gains tax treatment on these types of investments.

The way it works is simple: You tell Afterpay how much money you want to withdraw each month and they will deduct that amount from your earnings every month until all debt has been paid off or you’ve saved enough cash in an investment account where taxes won’t apply (such as an IRA). Then, when we receive our next paycheck at work, we’ll automatically request that Afterpay remove those funds from our checking account so they’re available for other uses—like paying off loans!

Portfolio line of credit-

A portfolio line of credit is a loan that you get from your financial institution to use as you see fit. This allows you to borrow money, pay it back over time and keep track of your spending. It’s similar to a personal loan, but there are some differences:

• You don’t have to pay interest on the balance if it’s less than $1 million (the limit for banks). If you’re borrowing more than that amount, however, then interest has to be paid out of the proceeds from selling your stocks or other investments in order for them remain within their original amount when they’re paid back at maturity.

• You can use this option multiple times at any point during its term without needing another approval or application process each time. For example: if one year passes since opening an account with us and then decides he needs another new car after driving his current vehicle into an accident; he could take out another portfolio line of credit instead because all previous applications were approved while still being able t drive safely until needed replaced again later down road which would mean no waiting period required before proceeding with anything else needed done right away!

Stock level tax loss harvesting+ –

Stock level tax loss harvesting+ is an additional feature that helps you minimize taxes. This is a feature that only Wealthfront offers and it allows you to sell losing stocks and buy them back at a lower cost basis.

Tax loss harvesting+ is also known as “trading on losses” or “selling losers and buying winners”, because it helps you make money while you pay less taxes.

PassivePlus features-

PassivePlus features

PassivePlus is a new feature in Wealthfront’s platform, and it allows you to take advantage of tax loss harvesting. This means that when you sell stocks at a loss, we’ll use your portfolio line of credit to reimburse yourself for the loss. This can be useful for investors who want to keep their losses low but still benefit from having access to more money than they originally had invested.

Tax Loss Harvesting+ lets investors harvest up to 12% per year through Wealthfront’s Tax Loss Harvesting service—that’s double what was available previously! So if an investor buys $1 million worth of stocks and sells them all within one year at a loss (or even just half way through), he could potentially still get back $100k by selling those shares again after losing 50% on his initial purchase price–and then reinvesting those funds elsewhere!

Two great and similar Robo Advisors.-

There are two robo-advisors that have been around for a while and are among the largest in the US. Both offer similar services, with one being slightly better for investors who want to manage their own financial plan.

Both Betterment and Wealthfront charge 0.25% of assets managed per year, which is pretty low compared with other options on this list (by comparison: 0.35% from Charles Schwab). They also have extremely similar fees for different accounts—so if you’re looking at your retirement account or taxable account separately, it won’t make much difference because they both charge the same dollar amount regardless of what type of account you choose to invest in!

Their customer support also gets high marks from us; both companies pride themselves on responding quickly when we ask questions or require help making changes to our investments after investing initially through them (and sometimes even before investing!).

Conclusion-

In summary, we recommend Betterment for new investors who want to start out with a financial advisor, and Wealthfront for long-term success. Both have great features, but we think Betterment is a better option for beginners because of its low fees and higher level of support.