Question

Do you use a robo-advisor? If so which one, and what do you like/dislike about it?  

Answer 1

I started using betterment at the beginning of this year. So far so good. I don’t have much money in there but that also means I haven’t lost much compared to some of my friends I’ve spoken to. I also like that they tell me if I’m on track or not and how to get on track for my goals

Comments

Do you use the paid advising portion of Betterment?  

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@seagoing5 I don’t use the paid advising portion. Maybe at some point down the road I will

Answer 2

I do. Ally. But I also do my own investing. No fees. 1/4 kept in cash

Answer 3

Acorns, i really like the round up option. This is my secondary investment account though. I use Vanguard just because i like the hands on

Answer 4

Acorns and wealthfront, like them both, acorns just a rainy day fund and wealthfront is my main Roth IRA. Wealthfront has good customer service (email response)

Answer 5

I've had betterment and wealthfront. Got rid of wealthfront because results weren't as good as betterment.  

Answer 6

Wealthfront. No issues.  

Answer 7

Betterment. Haven’t been using it long but no complaints so far.  

Answer 8

I've used wealthfront, wise banyan, betterment, coin flash, and M1. stuck with wealthfont for my IRA, and M1 for my taxable. Haven't used coin flash in years, but unless they've changed their policies highly advise you avoid.  

Answer 9

No. I'm my own advisor since I wanna reach FIRE. If I have questions, I consult the Betterment cohort or a person but take that advice with a grain of salt.  

Answer 10

I’ve been using betterment for about 6 years now. I just opened M1 last week, so far so good. M1 for long term investment using Golden Butterfly strategy, Betterment for older IRAs and shorter term goals