[rohitnair]

Some features that Betterment offers for example

* automatic rebalancing

* tax loss harvesting

* tax co-ordinated investing - looks at both your taxable and tax exempt/deffered accounts and directs funds appropriately (for example, puts more tax inefficient assets in your tax exempt accounts)

You can of course do this on your own as well, so it's up to you to decide whether the additional fee is worth it or not. Also, not all robo advisors offer the same features - but most offer automatic rebalancing at a minimum.

[astrange]

Automatic rebalancing is not that useful as long as you're contributing, because that rebalances on its own.

Betterment's tax loss harvesting is good… unless you're expecting your tax rate to go up next year, in which case you want to harvest gains… also, it'd be better to not lose money in the first place. Since they have alternate portfolios like "smart beta" now which try to do that, their features conflict with each other.

The main problem is that every robo uses the same Modern Portfolio Theory based investing which despite being "modern" is from 1960.