CreditDonkey is a stock broker comparison and reviews website. This website is made possible through financial relationships with card issuers and some of the products and services mentioned on this site. Advertiser Disclosure†

Betterment vs Acorns

Betterment is a great robo-advisor for beginners with low fees, good tools, and tax strategies. How does it compare to Acorns? Read our comparison chart below.

Betterment offers automatic investing starting at an annual fee of 0.25% of your account balance. There is no fee to open an account and no minimum deposit required. All balances get automatic rebalancing, tax loss harvesting, and access to financial experts.

While Acorns is geared towards young investors who have trouble saving. This investment app automatically rounds up and invests your spare change whenever you make a purchase. The service fee is waived for college students. Otherwise, the fee starts at $1/month for accounts under $5,000. There is no minimum to open.

Compare Betterment with Acorns, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

 BettermentAcorns
 Visit SiteVisit Site
 

Betterment

Acorns

SPECIAL OFFER
Get 1 Month Managed Free - Learn More

Read Betterment Review

SPECIAL OFFER
$5 Referral Bonus - Learn More

Read Acorns Review

 

Benefits and Features

Stock Trading Part of service fee. Free for college students for 4 years. No add-on trading fees.
Savings
No
Annual Fee0.25% for accounts under $100,000; 0.40% for accounts $100,000+Free for college students; $1/mo for Acorns; $2/mo for Acorns + Acorns Later; $3/mo for Acorns + Acorns Later + Acorns Spend
Minimum Deposit
$0
$0
Phone Support
Yes
Yes
Live Chat Support
No
No
Email Support
Yes
Yes
Human Advisors
Yes
No
Robo Advisor
 
Assets Under Management
$14 Billion
$528 Million
Tax Loss Harvesting
Yes
No
Goal Tracker
Yes
Yes
Automatic Deposits
Yes
Yes
Online Platform
Yes
Yes
iPhone App
Yes
Yes
Android App
Yes
Yes
Banking Acorns Spend checking account comes with a debit card and has no minimum balance requirement, no overdraft fees, and unlimited free or fee-reimbursed ATMs nationwide. $3/mo for Acorns + Acorns Later + Acorns Spend.
Mobile App 
Yes
Single Stock Diversification
No
No
Fractional Shares
Yes
Yes
Taxable Accounts
Yes
Yes
401k Plans
Yes
No
IRA Accounts
Yes
Yes
Roth IRA Accounts
Yes
Yes
SEP IRA Accounts
Yes
Yes
Trust Accounts
Yes
No
529 Plans
No
No
 

CreditDonkey® Reviews

 BettermentAcorns
Annual Fee
Minimum Deposit
Human Advisors
Customer Service
Pros & ConsPros:
  • No minimum investment
  • Many customized portfolios
  • Automatically invest extra funds
Cons:
  • Limited investment options
  • High fees for large investors
Pros:
  • No minimum investment
  • Invest with spare change
  • Free for college students
Cons:
  • Fees are high for small balances
  • No tax benefits
  • Limited investment options
Bottom LineGreat robo-advisor for beginners with low fees, good tools, and tax strategies... Read full reviewInvestment app that automatically invests your spare change. Good for young investors to get into the habit... Read full review
 Visit SiteVisit Site

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

Betterment: Pricing information from published website as of 04/04/2018

Acorns: Pricing information from published website as of 04/04/2018

Which is Better: Betterment or Acorns?

Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Betterment or Ally Invest.

In short: Betterment's annual fee and customer service are noteworthy.


Articles on Betterment

    Betterment Review

    Betterment is one of the most popular robo-advisors with low fees and no account minimum. But is it safe? Read this review to see if Betterment is worth it.

Articles on Acorns


Which Do You Think is Best?

Name
Email (won't be published)


You Might Also Like

    Beginner's Guide to Robo Advisors

    Robo advisors automatically manage your investment portfolio with very low fees. But they have limitations you must know about first. Read on to see if a robo advisor is right for you.

    Best Robo Advisor: Top Comparison List

    The best robo-advisor offers low management fees, low minimum investment requirements, and daily account monitoring. Read this list of top robo advisors before you invest.
    WealthSimple

    Wealthsimple Review: Is It Legit?

    Wealthsimple is a robo advisor with features you should not ignore. But are the higher fees worth it? Read this review to find out what this automatic investing service can do and the pros and cons.

    Stash Invest Review: Is It Legit?

    Have you ever thought investing is either too expensive or too overwhelming? You aren't alone. Luckily, the founders of Stash set out to make those challenges disappear. Stash claims that with just $5, you can start investing confidently. Is it true?

    M1 Finance Review: Is It Safe?

    If a robo-advisor feels too rigid for you because you are stuck with their chosen portfolios, M1 Finance is out to change your mind. Combining the benefits of automation with the ability to choose your own investments, M1 Finance might be onto something.

    Ellevest Review: Is It Worth It?

    Investment strategies are for men, or at least that's what the founders of Ellevest believe. This female-focused company has set out to make a difference in the life of women. Their strategy is to focus on the average income and life cycle of women - something no other company has yet to tackle.

    SigFig Review: Is It Good?

    Are you looking for a portfolio manager that is technologically advanced and has low fees? It might seem impossible, but SigFig offers all of this and more. So what's the catch?
    Wealthfront

    Wealthfront Review: Is It Good?

    Wealthfront simplifies long-term, low-cost investing with a diversified portfolio. But is it safe? Read on to learn if Wealthfront is worth it.

    How to Start Investing

    Thinking about investing but unsure where to start? Read this beginner's guide for 7 smart steps to help you grow your money.
    How to Invest Money

    How to Invest and Make Your Money Work for You

    So, you want to invest some of your money, but you have no idea how to start? No problem. This handy 10-step guide is loaded with useful resources to help you get started.

You might also be interested in

Best Investment Apps

Today you can invest, withdraw, or make changes to your investment account from anywhere you have an internet connection thanks to the numerous investment apps available.

Compare Acorns to:


Next Page:

About CreditDonkey®
CreditDonkey is a stock broker comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: Many of the card offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.