Home › Invest › Robo-advisors › Betterment vs M1
Both invest for you automatically. Here's how Betterment and M1 compare on fees, minimums, tax-loss harvesting and cash.
| Betterment | M1 | |
|---|---|---|
| Advisory fee | $5/month, or 0.25%/yr with $24,000+ or $200+/mo recurring deposits; Premium 0.65% | No management fee on self-directed accounts; $3/month platform fee, waived over $10,000 |
| Minimum to start | No minimum balance | not found |
| Tax-loss harvesting | Yes, included | not found |
| Cash account APY | Cash Reserve: 4.25% APY including a 0.75% boost (variable) | High-Yield Cash: 3.35% APY |
Sources: Betterment page (checked 2026-10-12) · M1 page (checked 2026-10-12)
Advisory fee: Betterment $5/month, or 0.25%/yr with $24,000+ or $200+/mo recurring deposits; Premium 0.65%, M1 No management fee on self-directed accounts; $3/month platform fee, waived over $10,000; Minimum to start: Betterment No minimum balance, M1 not found; Tax-loss harvesting: Betterment Yes, included, M1 not found; Cash account APY: Betterment Cash Reserve: 4.25% APY including a 0.75% boost (variable), M1 High-Yield Cash: 3.35% APY.
Estimates, not financial advice. Taxes, insurance, PMI and fees vary by lender, county and city; confirm with your lender, dealer and state agency before acting.