Koby
One of the best robo-investors out there...
I'll admit - I got into Betterment at the "bottom" of the market in [pandemic-panicked] April of 2020. Because of that, my returns have been pretty good, so obviously I'm happy with all of my accounts' performances. I have an IRA, a "safety-net" account, and a general investing account at Betterment. But putting that aside, I do like how they operate their online account system. They use a "goal" approach and predict what future returns might be under various circumstances. This has helped me to answer some questions like "am I saving enough for retirement" and "do I have enough saved for emergencies?" I also think that their expense rate is pretty good for what they offer. While you can probably do a little better elsewhere, you're going to run into other limitations at those robo-investors (like a very limited pool of investments to choose from). I'll add that I've had no issues transferring money in and out of Betterment. But it might be challenging for someone who isn't tech and financial savvy to understand what they are doing. The app and website are both very good and get updated regularly. Finally, I'll just point out that much of the "growth" from my accounts come from dividends (and they are auto-reinvested). I'm not sure if this is an intentional approach from Betterment, but I'm pointing this out because of the possible tax implications of short-term dividend income.