Betterment vs FE CashCalc
Betterment
betterment.com
FE CashCalc
fefundinfo.comSide by side
| Figure | Betterment | FE CashCalc |
|---|---|---|
| Price from | $0.05/mo | £80/mo |
| Free plan | Yes | Yes |
| Free trial | — | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| macOS | — | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | — | Yes |
| Plans published | 5 | 3 |
| Spec score · Financial Planning Software | 9.3 (#1) | 9.3 (#3) |
| Founded | 2008 | FE fundinfo’s acquisition announcement says CashCalc was founded in Newport in 2014 and FE fundinfo formed in 2019 after the FE, fundinfo and F2C merger. |
| Headquarters | Betterment's corporate office is at 450 West 33rd Street, Floor 11, New York, NY 10001. | London, United Kingdom |
| Mobile app | The Betterment app supports deposits, transfers, withdrawals, outside-account connections, goal tracking, performance tracking, and dark mode. | The cloud-based CashCalc app is available for iOS and Android, and advisers and clients can use it to access their account or Portal. |
| What it does | Betterment provides automated investing, cash management, goal setting and retirement planning for U.S. customers. | FE CashCalc is an online financial-planning suite for advisers and paraplanners centered on lifetime cashflow modelling. |
Plans
Betterment
- Cash ReserveFree
- Premium$0.65 a year
- Premium$0.65 a year
- Digital$5 a month
- Digital$5 a month
FE CashCalc
- Paraplanner licenceFree
- Individual adviser licence£80 a month
- Group licencePriced on request
In their own words
Betterment
Betterment has no write-up on Specifiction yet; its figures are above.
FE CashCalc
FE CashCalc is an online financial planning suite for advisers that creates lifetime cashflow plans. Its modelling includes deterministic, stochastic and gross cashflow approaches, market simulations and stress testing. Advisers can map goals and life events on a visual timeline, then produce client-friendly reports comparing current and proposed plans. More than 35 calculators cover topics including pensions, mortgages, equity release, school fees and inheritance tax. Mortgage and protection planning is built in, with 10 calculators and stress tests at no extra cost. The service is available on web, iOS and Android, and advisers and clients can use the app to access an account or Portal. An optional Nexus Assistant records client conversations and completes fact-finds with an audit trail. The individual adviser licence is listed at £80 a month, billed at £80/month + VAT, and includes one free paraplanner licence. Larger firms can request bespoke group pricing.