Betterment Assets Top $5 Billion; Firm Hires Its First CFO

By Bernice Napach

Betterment is sprinting ahead in the race for assets among independent robo-advisor firms. Assets under management at the largest independent robo-advisor now top $5 billion – five times what they were 18 months ago – and the firm has hired its first chief financial officer, Amy Shapero.

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This article originally published July 14th, 2016 on ThinkAdvisor.