Important Disclosures for Investment Advisor Representatives

Last updated: January 28, 2026

IMPORTANT DISCLOSURES FOR INVESTMENT ADVISER REPRESENTATIVES

Investment Adviser Representatives (“IARs”) on the Licensed Concierge Team are eligible to receive incentive compensation based on funds transferred to Betterment. Additionally, the Licensed Concierge Team is eligible to receive a one-time bonus per household referred to and onboarded by advisors in the Betterment Advisors Network, which is a conflict of interest.

Betterment is eligible to receive compensation from model providers to support third party models, which creates a conflict of interest to the extent IARs recommend that clients invest in these models. Betterment’s revenue varies across offerings, which creates an incentive to recommend the offering resulting in the greatest revenue.

Regardless of these conflicts, and consistent with their obligations under the Advisers Act, all Investment Adviser Representatives are required to act in the best interest of their clients.

Learn more about these conflicts and Betterment’s Investment Adviser Representatives in Betterment’s Form CRS and Form ADV Part II.

Special Disclosure for the US-Only Portfolio

Click here to view the disclosure for the US-Only Portfolio.

Additional Disclosures for Premium Customers

Betterment Financial Planners are CFP® professionals, and are not registered tax advisors or licensed attorneys. They do not and cannot give specific tax or legal advice. For the best information on your individual circumstances, please consult a qualified professional.
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the CFP® certification mark, the CERTIFIED FINANCIAL PLANNER™ certification mark, and the CFP® certification mark (with plaque design) logo in the United States, which it authorizes use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
Estate planning services are provided solely by Huge Legal Technology Company, Inc. d/b/a Trust & Will. Trust & Will is not an affiliate of Betterment, and Betterment does not receive compensation when you elect to receive services from Trust & Will. This communication is not an endorsement of Trust & Will services. Estate planning may vary by state, you should consider your personal situation and read all relevant terms and conditions before electing to receive estate planning services. Offer only available to clients who receiveBetterment Premium services, as described in the Premium Services Terms & Conditions.
Securities-Backed Lines of Credit (SBLOCs) are offered by The Bancorp Bank, N.A., Member FDIC, to Betterment clients. Betterment is not a bank. SBLOCs require credit approval, cannot fund securities purchases or margin loans, and carry unique risks. Terms may change without notice. Betterment earns revenue on SBLOCs.

We want you to know a few things:

Who Provides What Service?

Investment Advice: Advisory services are provided by Betterment LLC, an SEC-registered investment adviser.

Traditional Investment Brokerage Services & Custody: Brokerage services are provided to clients of Betterment LLC by Betterment Securities, an SEC-registered broker-dealer and member of FINRA /SIPC, and Apex Clearing Corporation, a third-party SEC-registered broker-dealer and member FINRA/SIPC.

Betterment Checking: Betterment Checking is made available through Betterment Financial LLC. Checking accounts and the Betterment Visa Debit Card are provided by and issued by nbkc bank, Member FDIC. See Betterment Checking Disclosure.

Betterment at Work: 401(k) plan administration services are provided by Betterment for Business LLC. Investment advice to plans and plan participants are provided by Betterment LLC, an SEC-registered investment adviser.

No Betterment entity is a bank.

Special Disclosure for Betterment Cash Reserve

Betterment Cash Reserve is offered by Betterment LLC and requires a Betterment Securities brokerage account. Client funds in Cash Reserve are deposited into one or more FDIC-insured banks (“Program Banks”), where they earn variable interest and are eligible for FDIC insurance (subject to certain conditions). Funds in brokerage accounts are protected by SIPC, but funds at Program Banks are FDIC-insured up to $250K per depositor per bank, with a potential aggregate limit of $2M ($4M for joint accounts) once the funds reach one or more Program Banks. Funds in transit to or from Program Banks are generally not FDIC-insured but are covered by SIPC. FDIC insurance limits include all accounts held at a bank, not just Cash Reserve funds.

For details, see Betterment’s Cash Reserve T&Cs and Form ADV Part 2. FDIC insurance information is available at FDIC.gov.

Let’s Talk About Risk:

Investing involves risk and there is the potential of losing money when you invest in securities. Past performance does not guarantee future results and the likelihood of investment outcomes are hypothetical in nature.

Investments in securities are:
Not FDIC Insured • Not Bank Guaranteed • May Lose Value.

Before investing, consider your investment objectives and Betterment LLC's fees and expenses. Betterment LLC's internet-based advisory services are designed to assist clients in achieving discrete financial goals. They are not intended to provide comprehensive tax advice or financial planning with respect to every aspect of a client's financial situation and do not incorporate specific investments that clients hold elsewhere.

For more details, see Betterment’s Form CRS, Form ADV Part II and other disclosures.

Not an offer, solicitation of an offer, or advice to buy or sell securities in jurisdictions where Betterment LLC is not registered.

Any links provided to other websites are offered for convenience and educational purposes, and are not intended to imply that Betterment endorses or is affiliated with the website.

Who Provides the Market Data?

Betterment 450 West 33rd Street, FL 11 New York, NY 10001