This is just an FYI for anyone who may have wanted to try Betterment but didn't want to pay the advisor fee.
Betterment is now giving 1 year of free service (on top of the free 30 day trial) to users who sign up through the referral link. It also looks like there is no minimum deposit needed.
Here's the details:
Terms and Conditions
The offer is valid only for new individual accounts with Betterment. The referring friend who sent you this invitation has done so through Betterment's customer Refer a Friend program. If you qualify, Betterment will waive its fees applicable to your Betterment account for a period of 365 days, and Betterment will also waive its fees applicable to your referring friend's account for a period of 30 days, both such periods being determined by Betterment. In order for you to qualify for the account bonus, you must (1) open a new individual account with Betterment using the special designated link from your invitation, (2) make a completed initial deposit within 90 days of signup. Betterment is not responsible for incorrect entry or other failure on your part to meet standards for qualifying for the bonus. This promotion is not valid with any other offers and is non-transferrable. Offer available to U.S. Residents only. Limit one per household. Betterment reserves the right to terminate this offer at any time and to refuse or recover any promotion award if Betterment determines that it was obtained under wrongful or fraudulent circumstances, that inaccurate or incomplete information was provided in opening the account, or that any terms of the Betterment Account Agreements have been violated. Betterment is an SEC Registered Investment Adviser. You may view Betterment's Wrap Fee Brochure and customer agreements here.
Users who do the referring get 30 days free. If anyone is interested and cannot find a referral link anywhere else, my mom just signed up and I can give you her referral link. My referral link is still the old reward that gives you $25 (and me $10).
