Updated September 29, 2026 · BrokerCue Editorial Team
Betterment vs Nest Wealth
Where Betterment and Nest Wealth differ
| Compare |  Betterment |  Nest Wealth |
|---|---|---|
| Management fee | 0.25%Lower | 0.35% |
| Minimum investment | $10 | CA$1,000 |
| Account types | IRA, Roth IRA | Joint, Corporate |
| Portfolio types | ETF, ESG, Cash, CryptoCovers more | ETF |
| Regulators | U.S. Securities and Exchange Commission (SEC) registered investment adviser, Financial Industry Regulatory Authority (FINRA) Betterment Securities broker dealer member, SIPC | Not confirmed |
| Investor protection | SIPC up to USD 500,000 | Not confirmed |
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Key differences
- Betterment scores higher overall: 9.6 vs 8.9.
- Founded is lower at Betterment: 2008 vs 2014.
- Management fee is lower at Betterment: 0.25% vs 0.35%.
- Account types: only Betterment offers IRA, Roth IRA.
- Account types: only Nest Wealth offers Joint, Corporate.
- Portfolio types: only Betterment offers ESG, Cash, Crypto.
- Support channels: only Betterment offers Phone, Chat.
Our verdict on each
Betterment
Betterment suits US savers who want a robo-managed IRA with a flat, low management fee and SIPC cover. It charges a management fee of 0.25%, sits mid-table among robo-advisors on that fee, and offers only IRA and Roth IRA accounts, so UK and European readers may look elsewhere.
Nest Wealth
Nest Wealth is a Canadian robo-advisor for households wanting a managed, ETF-based portfolio rather than self-directed trading. A management fee of 0.35% keeps the running cost modest, while the account fee of CAD 60 to CAD 1,800 and the CAD 1,000 entry level set it apart from cheaper automated options.
Score breakdown
| Area | Betterment | Nest Wealth |
|---|---|---|
| Cost | 9.3HigherManagement fee of 0.25% and no account fee, with a minimum investment of $10. | 8.8A management fee of 0.35% plus an account fee of CAD 60 to CAD 1,800, against 0.5% to 1.5% elsewhere and a 0% model. |
| Offer | 9.7Higher | 8.7 |
| Trust | 9.7Higher | 9.1 |
Availability and regulation
| Country | Betterment | Nest Wealth |
|---|---|---|
| United States | SIPC SIPC member 51906 | Not confirmed |
Positions in our rankings
| Ranking | Betterment | Nest Wealth |
|---|---|---|
| Stock and ETF brokers | 42 of 471 | 167 of 471 |
| Robo-advisors | 10 of 151 | 66 of 151 |
A third option
eToro has management fee at 0%, against 0.25% for Betterment and 0.35% for Nest Wealth.
eToro reviewWhere these facts come from
Betterment
- betterment.com: 8 facts, checked September 26, 2026
- en.wikipedia.org: 1 fact, checked September 26, 2026
- sipc.org: 1 fact, checked September 26, 2026
Nest Wealth
- nestwealth.com: 8 facts, checked September 26, 2026
Every fact side by side
| Fact | Betterment | Nest Wealth |
|---|---|---|
| Legal entity | MTG LLC | Nest Wealth Asset Management Inc. |
| Headquarters | United States | Canada |
| Founded | 2008Lower | 2014 |
| Support channels | Phone, Email, Chat, Help centreCovers more | Email, Help centre |
Brokers
| Fact | Betterment | Nest Wealth |
|---|---|---|
| Minimum deposit | $10 | Not confirmed |
| Account fee | $0 | CA$60 to CA$1,800 |
| Markets | Stocks, ETFs, BondsCovers more | ETFs |
| Deposit and withdrawal fees | No fees | Not confirmed |
| Interest on cash | 3.5% | Not confirmed |
Where each stands against the rest
| Fact | Betterment | Nest Wealth | Median |
|---|---|---|---|
| Management fee | 0.25%below the median | 0.35%at the median | 0.35% |
Median across 87 listed brokers.
Pros and cons
Betterment
Pros
- A management fee of 0.25% sits below the robo-advisor median of 0.35%
- An account fee of $0 and a deposit and withdrawal charge listed as No fees
- Covered by SIPC protection of SIPC up to USD 500,000
Cons
- Account types run only to ira and roth ira, so there is no taxable or ISA-style account for UK and European readers
- A management fee of 0.25% still ranks 18 of 49 brands, so cheaper robo-advisors exist
- Markets cover only stocks, etfs and bonds, with no forex, options or crypto trading
Nest Wealth
Pros
- A management fee of 0.35% sits under the robo-advisor median of 0.4%
- The CAD 1,000 minimum is below the robo-advisor median of €60.06
- Portfolios cover etf for a hands-off approach
Cons
- An account fee of CAD 60 to CAD 1,800 sits on top of the management fee
- The CAD 1,000 minimum is well above the $100 entry point
- Support runs on email and help centre only
Who each suits
Betterment
Who it suits
- US savers who want a robo-managed IRA or Roth IRA
- People starting small, with a minimum investment of $10
- Investors who want automated portfolios of etf, esg and cash
Who should look elsewhere
- UK and European readers, since account types cover only ira and roth ira
- Active traders wanting forex, options or crypto beyond the stocks, etfs and bonds it lists
- Anyone seeking a management fee of 0% as at eToro
Nest Wealth
Who it suits
- Households that would rather hold a managed portfolio than place trades
- Investors who can commit at least CAD 1,000 to get started
- People who prefer ETF portfolios of etf
Who should look elsewhere
- Anyone wanting to pick and place trades, since the account covers etfs only
- Buyers starting small, because the CAD 1,000 minimum is high next to the alternatives
- eToro, Vivid Standard and Axos Invest readers after a 0% or a wider fee choice
Current offers
Betterment
Current offer
Bonus
Invest and earn up to $2,000: up to $2,000
Terms apply; new customers only; open any individual investing account and make a deposit
Source, checked September 26, 2026
Bonus
0.75% APY boost on Cash Reserve: 0.75% APY boost, 4.25% variable APY on balances up to $1M
New clients with a qualifying deposit; guaranteed through February 15; base variable APY 3.50% as of 9/21/2026; $10 min deposit for base APY
Source, checked September 26, 2026
Discount code
Discounted mortgage rate through Rate partnership: up to 0.75% off
Via partnership with Rate; terms apply
Source, checked September 26, 2026
Country by country
| Country | Betterment | Nest Wealth |
|---|---|---|
| United States | Yes | No |
Questions about each
Betterment
How much does Betterment charge to manage my money?+
The annual management fee is 0.25%, taken as a percentage of the portfolio. That sits below the robo-advisor median of 0.35%, and Betterment ranks 18 of 49 brands on this measure. There is no separate account charge, listed as $0.
Is my money protected if Betterment fails?+
Stated protection is SIPC up to USD 500,000, and Betterment appears on the SIPC member register as SIPC member 51906. The cover applies to cash in the brokerage account if the broker-dealer fails, and the legal entity named is MTG LLC. Portfolio market values are not protected by the scheme.
Nest Wealth
What does Nest Wealth charge?+
The management fee is 0.35% and the account fee is CAD 60 to CAD 1,800, both in Canadian dollars. Neither is a per-trade commission, so the cost follows the size of the portfolio you hold.
Is there a minimum investment?+
Yes, the minimum investment is CAD 1,000. That sits below the robo-advisor median of €60.06 on the site, so the entry point is not the highest in the category.
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