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Robo-Advisor Betterment Adds the Human Touch

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The new trend among robo-advisors might just be human advice.

Betterment, the leading independent robo-advisor with over $7.3 billion in assets under management, announced Tuesday that it will offer two new service plans, both with access to a team of certified financial planners and investment advisors. The company is also changing the pricing for its existing digital offering, moving from a tiered fee structure to a flat management fee of 0.25% per year.

New services have higher fees, higher minimums

Though investor portfolios are still built and managed by computer algorithms, clients who opt in to the new services — which the company is calling Betterment Plus and Betterment Premium — will also have their accounts monitored by that...

Continue reading on www.nerdwallet.com

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