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Betterment vs Raiz

Betterment logo

Betterment

8.1#1 in financial planning softwareFrom $0.65 a year
Free planAndroidiOSWeb
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Raiz

6.7#4 in robo-advisor appsFrom A$2.50 a month
AndroidiOSWeb
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What both publish

FactBettermentRaiz
Founded20082016
HeadquartersBetterment's corporate office is at 450 West 33rd Street, Floor 11, New York, NY 10001.Sydney, New South Wales, Australia

Betterment plans

  • Cash ReserveFree
  • Premium$0.65 a year
  • Digital$5 a month

Raiz plans

  • LiteA$2.50 a month
  • RegularA$5.50 a month
  • PlusA$6.50 a month

Pick Betterment if…

Betterment suits people seeking guided investing or retirement planning alongside cash management. Its self-directed accounts may also suit customers who want to trade stocks and ETFs without trading commissions.

Pick Raiz if…

Raiz suits people in Australia who want to automate investing through round-ups or scheduled deposits, or organize savings around specific goals. Its child accounts and spending tracker may also suit families and users who want a view of linked-account spending.

Charts they share