Blooom vs Betterment

Blooom is an unique 401k auto-advisor service for a low yearly fee. How does it compare to Betterment? Read our comparison chart below.

		BettermentAcornsRobinhoodM1 Finance
	Blooom	Betterment
		SPECIAL OFFER Get up to 1 Year Managed Free - Learn More Read Betterment Review
	Benefits and Features
Savings
Annual Fee	Analysis is free $45/year for Essentials Plan $120/year for Standard Plan $250/year for Unlimited Plan	0.25% for accounts under $100,000 0.40% for accounts $100,000+
Minimum Deposit	$0	$0
Checking		No-Fee Checking
Phone Support	No	Yes
Live Chat Support	Yes	No
Email Support	Yes	Yes
Human Advisors	Yes	Yes ($100k minimum)
Robo Advisor
Assets Under Management	$4 Billion	$14 Billion
Tax Loss Harvesting	No	Yes
Goal Tracker	Yes	Yes
Automatic Deposits	No	Yes
Online Platform	Yes	Yes
iPhone App	No	Yes
Android App	No	Yes
Mobile App		Yes
Single Stock Diversification	No	No
Fractional Shares	No	Yes
Taxable Accounts	No	Yes
401k Plans	Yes	Yes
IRA Accounts	Yes - from Fidelity and Vanguard	Yes
Roth IRA Accounts	Yes - from Fidelity and Vanguard	Yes
SEP IRA Accounts	Yes - from Fidelity and Vanguard	Yes
Trust Accounts	No	Yes
529 Plans	No	No
	CreditDonkey® Reviews
Annual Fee
Minimum Deposit
Customer Service
Human Advisors
Pros & Cons	Pros: Manage retirement accounts No account minimum Flat yearly fee Cons: No taxable accounts Limited IRA accounts	Pros: No minimum investment Customized portfolios Automatically invest extra funds Cons: Limited investment options High fees for large investors
Bottom Line	Unique 401k auto-advisor service for a low yearly fee... Read full review	Great robo-advisor for beginners with low fees, good tools, and tax strategies... Read full review
		Get up to 1 Year Managed Free Get 1 Month Managed Free Get 6 Months Managed Free
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Blooom: Pricing information from published website as of 10/28/2020 Betterment: Pricing information from published website as of 04/04/2018

Which is Better: Blooom or Betterment?

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

Articles on Blooom

Blooom Reviews

Blooom is an affordable robo-advisor for your 401k. But is it safe and legit? Read this in-depth review for the pros and cons.

Articles on Betterment

Betterment Review

Betterment offers low fees and good returns. But there are risks you should NOT ignore. Read this review to see if Betterment is better.

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Betterment Fees

Betterment offers no minimum deposit and good returns. But are the fees worth it? Read on to learn about this robo-advisor's costs.

Is Betterment Safe

Betterment offers low fees, no minimum balance and good returns. But is it a good idea? Find out if it's safe to invest your money with this robo-advisor.

Is Betterment Worth The Fee

Betterment will manage your investments, but they charge a fee. Is Betterment worth the fee? Read on to answer all your questions.

Betterment Roth IRA

Is Betterment a good way to invest for retirement? What about the fees and withdrawals? Read on to learn how Betterment's Roth IRA account works.

Betterment vs Wealthfront

Betterment and Wealthfront are two of the oldest and most popular robo-advisors. Is there a difference? Which is better for you? Read on to find out.

Which Do You Think is Best?

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