Introduction
This Bettermant app for iPhone is the largest, fastest-growing automated investment service in the world and it helps you to better manage, protect, and grow your hard-earned wealth.
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This investment app for iPhone was developed by Betterment and is also compatible with your iPad and iPod touch. Use Betterment’s technology to manage your investments in a high-tech customized, globally diversified portfolio. This ensures that you have full control of your wealth at the comfort of your fingertips.
Continue reading our Betterment app review to see if this is one of the best investment apps for iPhone.
How it Works
This fascinating app has the functionality of traditional brokerage accounts offered by Fidelity, Scottrade, ETrade, Schwab, TD, Ameritrade, Vanguard, and Share builder, then adds goal-based savings, behavioral insights, and automation to assist save you time and money.
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With a betterment account, you can build your wealth by investing in customized, diversified portfolios of stock and bond ETFs chosen for optimal expected returns. You can open a regular investment account, a Roth IRA, traditional IRA, or manage a trust account.
You can save time through automation, including tax-efficient rebalancing, automatic dividend reinvesting, and automatic deposits. Furthermore, you can also save your money since this app doesn’t charge for transactions. All you will ever pay is one low management cost based on your total account balance.
Best Features
This amazing app ensures that your uttermost security and privacy is kept confidential when it comes to your account. Some of the security feature are: fraud protection feature which protects your account from unauthorized activity.
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SIPC Account Protection feature which offers up to $500,000 protection. Finally, the Privacy Protection feature ensures you will never sell your personal information to a third party.
This app allows you check your account balance and returns of investments in real time; this makes management of portfolio of stock and bonds an easy an exciting work for you. You can deposit and withdraw money anywhere and anytime at your convenience just from the touch of your smart device.
The app also has an amazing feature that allows you to review your investment goals and account activity and share Betterment with your friends and family. According to some of the press statements made, this app has been accredited as the #1 savings app ever developed for you.
For instance, CNNMoney has praised this app as the most sophisticated app an ideal investor can use to blend stocks and bonds in one easy-to-manage account.
Pros and Cons
Pros
- Easy to manage
- Saves you time and money
- User friendly interface
- Assures you uttermost security
- Deposit and withdraw
- Free from transaction fee
Cons
- There is nothing negative to say
Final Remarks
All return figures shown are for illustrative purposes only, and are not actual customer or model returns. Actual returns will vary greatly and depend on personal and market circumstances.