Betterment Offers Stage-of-Life Advice Packages
A menu of financial packages offer quick and relatively inexpensive plans and advice from CFPs.
In an effort to make financial advice more accessible and personalized, Betterment, an independent online financial advisor, is now offering a menu of stage-of-life financial advice packages to clients for set fees that include a meeting with a certified financial planner.
The five packages and fees (subject to change) are:
- Getting Started: For new customers, this package includes a 45-minute call with a CFP who will provide a tutorial to help set up an account. Fee: $149.
- Financial Checkup: This includes a 60-minute call with a CFP who can review the current portfolio makeup. Fee is $199.
- College Planning: For parents or guardians looking to send their children to college in the next 5-18 years, this package includes a 60-minute call. Fee: $199.
- Marriage Planning: For newlyweds who need help budgeting and planning, this package includes two 45-minute calls, the first to set up a plan, and a second consultation six months later. Fee: $299.
- Retirement Planning: One 60-minute call to conduct a “holistic” review of all customer accounts and see how on track they are to reach their retirement goal. Also includes month-long email access to Betterment experts for follow-up questions. Fee: $399.
The packages will be available in the fourth quarter for Betterment account holders.
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