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1 Level
784 Review
57 Karma

Review on Betterment by Josh Flanagan

Revainrating 5 out of 5

Great asset management platform for individuals

I like that it's simple with just one account per user so there isn't any confusion about how your accounts are being managed or where you should be putting certain funds/investments in order to get optimal results. The only thing I dislike at this time is not having more than 1 year of historical data available (if using their services). If they add this feature then we'd have no problem recommending them! We're trying out many different types of investments but nothing has been as effective yet as our regular index fund portfolio which was previously made up mostly from Vanguard ETFs; however now since switching over all those Vanguards seem less appealing due to performance issues compared to when making direct purchases vs through exchanges such as Interactive Brokers. However by utilizing betterment instead these shares can still provide us some benefit even though directly purchasing via IB would give higher return potential without needing tax avoidance strategies used above - i'm referring to things like exchange traded notes, etc.- thus.

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Pros
  • It makes managing my personal finances easy for me because everything stays organized within an intuitive interface while allowing access across multiple devices including desktop computer & mobile phone apps plus web portal viewable anywhere online regardless if accessing remotely outside home location work office building internet connection awayfromhomeworkplacelocationofficeorevenatmyownhouseinfrontofmylaptopwhileonvacation(notrequiredtobeconnectedtothe
Cons
  • Almost never