Advisory Fees:
Check out this table to see a summary of how these two robo-advisors differ in their fee structures:
| $ Balance | % Betterment Management Fee | % Wealthfront Management Fee |
| 1-9,999 | .35% or $3/month* | FREE** |
| 10,000-99,999 | .25% | .25% |
| 100,000+ | .15% | .25% |
* Betterment requires a monthly deposit >= $100 if balance is below $10,000. Otherwise, fee is $3/month
** Wealthfront requires $500 min balance
Looking at these numbers, it seems like if you are a sub-100k investor, Wealthfront is the better choice for lower fees, due to the first 10k being fee-free. That will save you .35% of $10,000, or a whopping $35 per year (or $48 per year if you don’t set up the $100/mo deposit with Betterment).
Now if you’re an investor with a balance over 100k, you’re looking at a .10% savings per year. At 100k, its a $100, at 200k, $200, and so on.
Conclusion? If your balance is less than 100k, Wealthfront is cheaper (slightly). If more than 100k, Betterment is cheaper (again, slightly)
Fund Fees:
Betterment Fees charged quarterly
Betterment fees come from account?
Betterment no tier change down from market activity, but yes up.
Betterment no minimum balance, Wealthfront $500 – fees?
Betterment combined ira, taxable, joint and trust (is that all?)
Transaction fees, Transfer fees,
