Robo-Advisor | Betterment | M1 Finance |
|---|---|---|
| Overall rating as by Investor Junkie. Rating | 9/10 | 8.5/10 |
| Commissions & Fees | 8/10 | 9/10 |
| Customer Service | 9/10 | 7/10 |
| Ease of Use | 9/10 | 9/10 |
| Tools & Resources | 9/10 | 7.5/10 |
| Investment Options | 9/10 | 9.5/10 |
| Asset Allocation | 8.5/10 | 9/10 |
| Promotions | Up To 1 Year Free | First $1,000 is Free |
| Minimum Investment | $0 | $0 |
| Account Fees | Digital – 0.25%/year; Premium – 0.40%/year | First $1k FREE; $1k to $100k 0.25%/year; $100k+ 0.15%/year |
| Accounts Available | Taxable, Joint, Roth IRA, Traditional IRA, Rollover IRA, SEP IRA, Trusts, Non-Profit | Taxable, Joint, Roth IRA, Traditional IRA, Rollover IRA, SEP IRA, Trusts |
| Advice | Human Assisted | Automated |
| Does the robo-advisor offer assistance with your employer sponsored retirement plan? 401(k) Guidance | Yes | No |
| Tax Loss Harvesting | Yes — All Taxable Accounts | No |
| Portfolio Rebalancing | Yes | Yes |
| Retirement Planning Tools | Yes | No |
| Automatic Deposits | Yes — Weekly, Every Other Week, Monthly, and Twice a Month | Yes — Daily, Weekly, and Monthly |
| Clearing Agency | Apex Clearing | Apex Clearing |
| Self Clearing | No | No |
| Smart Beta | Yes | No |
| Socially Responsible Investing | Yes | Yes |
| Invests in Commodities | No | No |
| Invests in Real Estate | No | No |
| Fractional Shares | Yes | Yes |
| How can you access the sevice? Website only? Via smartphone app? Access | Website, iOS App, Android App | Website, iOS App, Android App |
| More security to prevent unauthorized access to your account. Two-Factor Authentication | Yes | No |
| Customer Service | Phone: M-Th 9A-8P, F 9A-6P ET; Live Chat: M-Th 9A-8P, F 9A-6P, Sat-Sun 11A-6P ET; Email | Phone: M-F 9A-5P CT; Email |
| Assets Under Management | $10B | $30M |
| Number of Accounts | 353K | N/A |
Sign Up / Review | Sign UpBetterment Full Review | Sign UpM1 Finance Full Review |
Home > Robo-Advisors > Compare > Betterment vs. M1 Finance