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.
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Ellevest | Betterment | |
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Become a Member - | Get up to 1 Year Managed Free - | |
Benefits and Features | ||
Savings | ![]() | |
Annual Fee |
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Minimum Deposit | ||
Checking | ||
Phone Support | ||
Live Chat Support | ||
Email Support | ||
Human Advisors | Discounts for members for coaching sessions | |
Robo Advisor | ![]() | ![]() |
Assets Under Management | ||
Tax Loss Harvesting | ||
Goal Tracker | ||
Automatic Deposits | ||
Online Platform | ||
iPhone App | ||
Android App | ||
Banking | Spend and Save accounts*; No minimum balance and no monthly service fees | |
Mobile App | ||
Single Stock Diversification | ||
Fractional Shares | ||
Taxable Accounts | ||
401k Plans | ||
IRA Accounts | ||
Roth IRA Accounts | ||
SEP IRA Accounts | ||
Trust Accounts | ||
529 Plans | ||
CreditDonkey® Reviews | ||
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Annual Fee | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Minimum Deposit | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Human Advisors | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Customer Service | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Pros & Cons | Pros:
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Bottom Line | Women-focused robo-advisor tailored to women's life cycles and goals... | Great robo-advisor for beginners with low fees, good tools, and tax strategies... |
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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
New Betterment customers only. Accounts must be funded within 45 days of signup. Terms apply.
Get 1 Month Managed Free
Deposit $15,000 - $99,999 within 45 days and get 1 month managed free
Get 6 Months Managed Free
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.