Software Alternatives, Accelerators & Startups

Ellevest VS Betterment

Compare Ellevest VS Betterment and see what are their differences

Ellevest logo Ellevest

An investing platform built for women

Betterment logo Betterment

We manage your investments so you don't have to.
  • Ellevest Landing page
    Landing page //
    2022-09-21
  • Betterment Landing page
    Landing page //
    2023-03-25

Ellevest videos

Ellevest Review (WITH DETAILED EXPLANATION)

More videos:

  • Review - Ellevest Review 2021 - Is It The Right Investment Choice For You?
  • Review - Ellevest Investing Tips (TOP 10 DO'S & DONTS)

Betterment videos

BETTERMENT REVIEW 2020: Best Robo-Advisor Tool?

More videos:

  • Review - The #1 PROBLEM with Betterment Investing
  • Review - BETTERMENT REVIEW 2020 - Making Investing EASY

Category Popularity

0-100% (relative to Ellevest and Betterment)
Investing
45 45%
55% 55
Finance
30 30%
70% 70
Personal Finance
0 0%
100% 100
Trading
29 29%
71% 71

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Ellevest and Betterment

Ellevest Reviews

We have no reviews of Ellevest yet.
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Betterment Reviews

When is Robinhood Coming to Australia? Alternatives for 2022
No, Betterment and Wealthfront are not available in Australia either. Only US citizens/Green Card holders are eligible to open an account on these platforms (some exceptions apply in the case of Betterment).

Social recommendations and mentions

Based on our record, Betterment seems to be a lot more popular than Ellevest. While we know about 11 links to Betterment, we've tracked only 1 mention of Ellevest. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Ellevest mentions (1)

  • College Graduation Gift
    I would recommend financial advising. Particularly for a female - ellevest.com! They are a hedge fund managed by females but also have career counseling or "classes" on how to negotiate a raise, how to navigate an office, etc. You can purchase her advising hours or whatever session you think might best help her! Source: almost 3 years ago

Betterment mentions (11)

  • What to do with extra $13k as a 20 year old
    Go to betterment.com and put it in their cash reserve. You'll get a good interest rate that should help at least reduce some inflation risk. Source: about 1 year ago
  • Financially illiterate
    If you want a less frightening way to invest, betterment.com was my gateway into investing. It has a pre-selected basket of index funds and bonds, and you can just select your risk tolerance, set up a deposit schedule, and they take care of the rest. I started with $10/paycheck 11 years ago, and now I have almost $20,000 invested as I kept increasing my automated deposits as my salary grew. Source: about 1 year ago
  • Weekly note about a direct competitor outdoing M1+
    Also about Betterment: they too started offering crypto at exactly the wrong time, but unlike M1 they have the decency to hide it from view! If I go to betterment.com now, I don't see any reference to crypto on the main page unless you scroll all the way down to the site map at the bottom. That's something else that M1+ could offer:. Source: over 1 year ago
  • Moving out at 18, no idea how to be an adult.
    Lastly sign up for a free investment app like acorns, betterment.com, robin hood etc. Once you've got your budget setup dump everything else into those when combined with your credit card buffer you can always pull back out or preferrably reduce next months investments if you find yourself low on funds one month. Source: almost 2 years ago
  • Newbie Question - Investment Account
    There are muuuuuuch better options today that Edward Jones. Your "local guy" makes a living adding maintenance costs to your account. The original poster here could do really well by checking out betterment.com and just following the on-screen prompts (they offer IRAs, too). Next time you meet with your local guy, ask him how much (the exact dollar amount) he's made from the fees on your investment account...and... Source: almost 2 years ago
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What are some alternatives?

When comparing Ellevest and Betterment, you can also consider the following products

Robinhood - Free stock trading service.

Wealthfront - Automated, low cost investment service

Trigger Finance - IFTTT for the stock market

Riskalyze - Riskalyze is a quantitative system for identifying client risk tolerance, aligning portfolios to client expectations, and quantifying the suitability of investments.

Richie Invest - An app that lets you invest with your friends

CXi-Registry - CXi-Registry is a fund administration software that helps an investor registry streamline and automate its back-office work.