Oct 29, 2019 · Betterment and Wealthfront are the two largest independent robo-advisors. in the field, and probably the best-known.. The two platforms are on the leading edge of online, automated investing, and both have been steadily expanding their menu of investment options. Betterment vs. Wealthfront: Which is Right for You? Betterment vs. Wealthfront – Similarities. Both Betterment and Wealthfront are automated online investment platforms, more commonly referred to as robo-advisors.Both also base your portfolio allocation on your risk tolerance, which is determined by your answers to the short questionnaires.