Ellevest vs Betterment

Ellevest is a women-focused robo-advisor tailored to women's life cycles and goals. How does it compare to Betterment? Read our comparison chart below.

Ellevest is a robo-advisor aimed to serve women's needs. It specially tailors portfolios for women's financial goals and life cycles. Fees are low starting at $1/mo and there is no minimum balance for the basic account.

While 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.

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

	Ellevest	Betterment
	SPECIAL OFFER Become a Member - Learn More Read Ellevest Review	SPECIAL OFFER Get up to 1 Year Managed Free - Learn More Read Betterment Review
	Benefits and Features
Savings
Annual Fee	$1/mo for Essential Plan $5/mo for Plus Plan $9/mo for Executive Plan	0.25% for accounts under $100,000 0.40% for accounts $100,000+
Minimum Deposit	$0 for all membership tiers	$0
Checking		No-Fee Checking
Phone Support	Yes - normal business hours	Yes
Live Chat Support	No	No
Email Support	Yes	Yes
Human Advisors	Discounts for members for coaching sessions	Yes ($100k minimum)
Robo Advisor
Assets Under Management	$280 Million	$14 Billion
Tax Loss Harvesting	No	Yes
Goal Tracker	Yes	Yes
Automatic Deposits	Yes	Yes
Online Platform	Yes	Yes
iPhone App	Yes	Yes
Android App	Yes	Yes
Banking	Spend and Save accounts*; No minimum balance and no monthly service fees
Mobile App	Yes	Yes
Single Stock Diversification		No
Fractional Shares	Yes	Yes
Taxable Accounts	Yes	Yes
401k Plans	No	Yes
IRA Accounts	Yes	Yes
Roth IRA Accounts	Yes	Yes
SEP IRA Accounts	Yes	Yes
Trust Accounts	No	Yes
529 Plans	No	No
	CreditDonkey® Reviews
Annual Fee
Minimum Deposit
Human Advisors
Customer Service
Pros & Cons	Pros: Focused on women's needs $0 minimum Starts at $1/mo Cons: Limited account options No tax loss harvesting Uncertain future	Pros: No minimum investment Customized portfolios Automatically invest extra funds Cons: Limited investment options High fees for large investors
Bottom Line	Women-focused robo-advisor tailored to women's life cycles and goals... Read full review	Great robo-advisor for beginners with low fees, good tools, and tax strategies... Read full review
	Become a Member Ellevest Essential with 20% Off Coaching Ellevest Executive with 50% Off Coaching	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. Ellevest: Pricing information from published website as of 08/10/2020 Betterment: Pricing information from published website as of 04/04/2018

Get up to 1 Year Managed Free

Get Started

New Betterment customers only. Accounts must be funded within 45 days of signup. Terms apply.

Get 1 Month Managed Free

View Terms

Deposit $15,000 - $99,999 within 45 days and get 1 month managed free

Get 6 Months Managed Free

View Terms

Deposit $100,000 - $249,999 within 45 days and get 6 months managed free

Which is Better: Ellevest or Betterment?

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

In short: Ellevest's human advisors is notable.

Articles on Ellevest

Ellevest Review

Ellevest tailors investment strategies specifically for women's needs. Find out how this robo-advisor make a difference.

• Ellevest vs Acorns

Articles on Betterment

Betterment

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

• Betterment vs Wealthfront
• Betterment vs Vanguard Personal Advisor
• Betterment vs Robinhood

Betterment Returns

Betterment has low fees and is good for beginners. But what about their returns? Let's take a look at this robo-advisor's performance.

• Betterment vs Fidelity
• Betterment vs Personal Capital
• Betterment vs M1 Finance

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.

• Betterment vs Charles Schwab Intelligent Portfolio
• Betterment vs Ally Invest

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.

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?

You Might Also Like

Best Robo Advisor

Investing apps can help grow your money. But you need to compare returns and fees. See which robo-advisors are worth it.