Side by side

Betterment vs Pocket Risk

Both stand on financial planning software. Which one you can start free with, which one lets you read the code, and what each costs once you pay.

Betterment

Paid AndroidiPhoneWeb

Betterment combines automated investing with cash products and self-directed trading, alongside retirement planning. Check the listed eligibility terms for Digital and Premium, whose prices are not provided.

Visit Betterment

Pocket Risk

Free trial AndroidiPhoneWeb

Pocket Risk focuses on client risk assessment, reporting and connecting scores to model portfolios. Advisors should note that it is not a broader cash-flow or tax planning tool, and its listed integration is Redtail CRM.

Visit Pocket Risk

The facts

	Betterment	Pocket Risk
Free plan	No	A free trial
Open source	No	Not published
Runs on	Android, iPhone, Web	Android, iPhone, Web
Lowest paid plan	Premium: $0.65 a year	Free or on request
Plans published	3	3
Maker	Not published	Not published
Website	betterment.com	pocketrisk.com
On financial planning software	#15 of 34	#19 of 34

Betterment: what it does well

Automated investing includes ongoing rebalancing.
Tax-loss harvesting and Tax Coordination are offered.
Self-directed stock and ETF trades have no commissions.
Cash Reserve has no monthly management fee.
Apps support deposits, transfers, and goal tracking.

What to know first

Digital and Premium plan prices are not listed.
Cash Reserve requires a $10 minimum deposit.
Tax Coordination applies across eligible accounts.

Pocket Risk: what it does well

Questionnaire covers four areas in 15 questions.
Clients can complete it online or on paper.
Reports are available online and as PDFs.
Supports custom branding and additional questions.
Offers a 14-day free trial.

What to know first

No free plan is listed.
Cash-flow modeling is not included.
Tax planning is not included.
Integrations are limited to Redtail CRM in the listed facts.

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