Reviewed by
Stang Gappa
Reviewed by
Stang Gappa
Updated on May 29, 2024
Learn about our Editorial Process
Betterment offers an automated IRA as the largest independent online financial advisor, and pioneered "set-it-and-forget-it" portfolios for a low-fee.
TD Ameritrade offers an automated IRA with no management fee and a wide range of portfolio options.
Betterment was one of the first companies to provide fully managed accounts for a low-fee, launching its extremely popular service in 2008. It’s commonly referred to as a “roboadvisor”, and it pioneered the category along with several other players like Wealthfront. Betterment has grown rapidly over the years and now manages almost $30 billion of investment assets.
Despite its growth and a broadening range of services, Betterment has retained its customer-first philosophy. At its core, Betterment offers an easy-to-use service that manages your money for you. This is often referred to as a “set-it-and-forget-it” portfolio and it’s best for those who don’t want to be actively picking investments in their retirement account.
TD Ameritrade was acquired by Charles Schwab in 2020. We also have a comprehensive review of Charles Schwab’s Intelligent Portfolios Automated IRA.
TD Ameritrade was acquired by Charles Schwab in 2020. We also have a comprehensive review of Charles Schwab’s Intelligent Portfolios Automated IRA.
Betterment offers one of the best digitally managed IRAs in the market today. Their commitment to doing right by the customer and providing simple-to-use products make it a very good choice for people looking to have their retirement account handled for a low-fee.
Paid client of Betterment. Views may not be representative, see more reviews at the App Store and Google Play Store. Learn More about this relationship.
TD Ameritrade was acquired by Charles Schwab in 2020. We also have a comprehensive review of Charles Schwab’s Intelligent Portfolios Automated IRA.
