Customers still pay the Betterment management fee. The fees for the underlying funds are a bit more expensive, particularly at higher stock allocation levels. Going from 0% to 100% stocks in GSAM corresponds with weighted fund fees increasing from 0.13% to 0.22%. For Betterment portfolios, weighted fund fees generally decline as stock allocation increases, starting at 0.15% at 0% stocks and declining toward about 0.07% at 100% stocks.
Articles in this section
- Can I have multiple portfolio strategies in one account?
- Can you use these strategies if you’re affiliated with a broker-dealer?
- How is the Goldman Sachs Smart Beta Portfolio different than the Betterment portfolio?
- What are the different allocations that you can have with the Goldman Sachs Smart Beta Portfolio?
- What is the fee difference?
- What is the Goldman Sachs Smart Beta Portfolio
- What is your affiliation with Goldman Sachs?
- Which funds are being used in the Goldman Sachs portfolio?