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On strength of $1.4 billion of AUM and 90 RIA clients, Betterment raises $60 million of VC funding as it looks to disrupt RIA custody

By Brooke Southall

On the strength of $60 million of venture capital it just raised on top of the $1 billion of AUM garnered in the last 11 months, Betterment Inc. is showing serious signs of cracking the RIA market — perhaps most effectively as an RIA custodian.

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This article originally published February 19th, 2015 on RIZBiz.