Betterment is an online investment company which allows users to select how much they want to invest in stock and bond ETFs. It also provides a facility to open an account without paying any deposit and charges a management fee of 0.15%–0.35% based on the account balance. Its automated platform eliminates the typical complexities & time taken by a traditional investment account and also offers a B2B2C platform for RIAs as well as a 401(K) investment. Recently, Betterment was named in the 2019 Forbes FinTech 50 startups list.
PRODUCTS & SERVICES:
Provides services for financial planning, retirement, IRAs, trust & tax loss harvesting, and help its users by automating investing services to manage, protect, and grow their wealth.
Viewable by subscribers only
Invested, Burgess Financial Planning, and Henfruit.
Fidelity, and XY Planning Network.
The company aims at giving its customer 4.30% higher returns compared to a typical DIY investor.
MEDICI analysts will analyze Betterment soon
Insufficient information for accurate analysis
DATE OF LAST FUNDING:
TOTAL FUNDING COMMENT:
The company will use its fund to build new products. (July 2017)