Betterment: The First Automated Investing Service to Reach 50,000 Customers
NEW YORK, Dec. 3, 2014 /PRNewswire/ — Betterment, an automated investing service, today announced that it now provides more than 50,000 customers with sophisticated investment management. After adding more than 25,000 new customers in the past year, Betterment is the largest, fastest-growing automated investing service and the first in the industry to reach 50,000 customers, who currently have more than $1 billion of assets managed on the company’s platform.
“Four years ago we set out to build a different kind of investing service—built to do what’s best for our customers and designed to help them become smarter investors,” said Betterment Founder and CEO, Jon Stein. “Reaching 50,000 customers tells me that we are making significant progress in our mission to be the best answer to the question, ‘What should I do with my money?'”