Betterment has unveiled Tax - Coordinated Portfolio , a feature that automates the frequently used strategy of asset allocation to boost cumulative after - tax returns . The new strategy manages multiple accounts as a single portfolio , placing less tax - efficient investments into more favourably priced accounts . According to research conducted by Betterment , the combination of multiple tax accounts can result in savings on retirement accounts of around 0.48 % annually after tax . Currently , Betterment is the only robo - adviser to implement this functionality .
Betterment has unveiled Tax-Coordinated Portfolio, a feature that automates the frequently used strategy of asset allocation to boost cumulative after-tax returns. The new functionality manages multiple accounts as a single portfolio, placing less tax-efficient investments into more favourably taxed accounts. According to research conducted by Betterment, the use of multiple tax accounts can result in savings on retirement accounts of around 0.48% annually after tax. Currently, Betterment is the only robo-adviser to offer this functionality.