Does anyone use robo-investors like Betterment or Wealthfront? Would love to know your thoughts!

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Been using Betterment for a couple years. Can’t complain at all. Not sure how their performance or tax loss harvesting compares to other options, but my working assumption is that it’s on track with the market, fees are pretty low, and the tech/UX is good (painless deposits, goal setup, and withdrawals). Also has a high-interest savings account feature now as well, which seems like it’d be nice if you have a lot of assets and want to have some in cash

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Am also curious about them. What's the value add? From the marketing the big thing is tax loss harvesting.

I assume if they had a great algo that consistently beat the market after fees, they wouldn't be courting retail clients.

Standard brokerage with their own special funds. Business model is the exact same. Collect assets and make fees. Difference is it’s got some hot VC backing.

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