Betterment Named Sole “Robo-Advisor” to the 2015 Financial Times 300 Top Registered Investment Advisors List

Betterment Named Sole “Robo-Advisor” to the 2015 Financial Times 300 Top Registered Investment Advisors List

June 22, 2015 – Betterment is pleased to announce that it has been named to the Financial Times 300 Top Registered Investment Advisors, as of June 22, 2015. The list recognizes top independent RIA firms from across the U.S. and Betterment is the only “robo-advisor” to receive the sought after recognition.

Betterment, the largest and fastest growing “robo-advisor,” now manages more than $2.3B of assets under management for more than 95,000 customers.

This is the second annual FT 300 list, produced independently by the FT in collaboration with Ignites Research, a subsidiary of the FT that provides business intelligence on the investment management industry. More than 2,000 elite RIA firms were invited to apply for consideration, based on their assets under management (AUM). The 630 RIA firms that applied were then graded six criteria: AUM; AUM growth rate; years in existence; advanced industry credentials; online accessibility; and compliance records.

The “average” FT 300 firm has been in existence for 23 years and manages $2.6 billion in assets. The 300 top RIAs hail from 34 states and Washington, D.C., and, on average, saw their total AUM rise by 18% in 2014. The FT 300 is one in series of rankings of top advisors that the FT developed in partnership with Ignites.

About Betterment
Betterment is the largest automated investing service, helping people to better manage, protect, and grow their wealth through smarter technology. The service offers a globally diversified portfolio of ETFs, designed to help provide you with the best possible expected returns for retirement planning, building wealth, and other savings goals. Betterment is a CNBC Disruptor 50 and Webby award winner and has been featured in the New York Times, Forbes, and the Wall Street Journal. Betterment helps people to achieve a smarter financial future with minimal effort and for a fraction of the cost of traditional financial services. 

Read the Original Article

This article originally published June 22nd, 2015 on The Financial Times.