Is my money safe with betterment?

The answer is yes. When you manage your investments through Betterment, all the assets and securities in your portfolio are strictly under your ownership. … Finally, the Securities Investor Protection Corporation (SIPC) protects all Betterment accounts (up to$500,000 per account).

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Moreover, has anyone made money with betterment?

Yes, they have. But odds are high that’s because they didn’t use Betterment correctly. Since Betterment began, there have been periods when an aggressive portfolio experienced negative returns for short periods of time. If you invested, the portfolio fell over two days, and you sold, you would have lost money.

Also question is, what are Betterment management fees? Fees are taken right from your Betterment Investing account at the end of each month. … Our fees are calculated based on the average daily balance of assets under management and assessed monthly, and add up to the total annual percentage (0.25% or 0.40%, depending on your plan).

Keeping this in consideration, are betterment fees worth it?

Robo-advisors are a good choice for people who don’t want to have to think too much about their investments. With its new fee structure, Betterment is a good choice for new or young investors without a lot of money, who will no longer have to commit to potentially onerous automatic deposits to get a good rate.

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