Betterment Now Shows All Your Wealth in One Place

NEW YORK, March 9, 2016 /PRNewswire/ — Betterment, the largest automated investing service, today announced account aggregation for all customers. Customers can now securely sync their outside financial accounts—such as 401(k)s, IRAs, taxable accounts, mortgages, and loans held at other institutions—with their Betterment account. This will allow customers to see their total net worth in one place, and it will help Betterment give better, more holistic personalized advice.

When customers sync their accounts, Betterment can help identify where they may be holding idle cash that could be turned into investment growth opportunities, identify where customers might be losing money to high fees, and then help customers take action on the advice.

“At Betterment, we aim to be the central relationship of your financial life,” said Jon Stein, Founder and CEO of Betterment. “Seeing all of your wealth in one place is a step in that direction. By looking at all of your assets, we’re able to provide even better advice for investing for some of the most important things in life, like retirement.”

In the past year, Betterment has grown from managing just more than $1 billion to now managing more than $3.7 billion in assets. Betterment also recently released RetireGuide™, an advice engine that helps to inform customers as to whether or not they are invested correctly for a comfortable retirement.

Betterment offers its customers a globally diversified portfolio of index-tracking exchange-traded funds (ETFs) with personalized allocation advice in a goal-based investing framework. Customers can open and customize regular investment accounts, traditional/SEP/Roth IRAs, trust accounts, and accounts for retirement income.

Betterment helps people pursue happiness efficiently by providing smarter technology and personalized advice on their entire wealth picture, so they invest better as they manage, protect, and grow their wealth.

To learn more about Betterment’s account aggregation please visit https://www.betterment.com/resources/inside-betterment/product-news/4-reasons-to-sync-your-accounts-with-betterment.

Contact Info:

Joe Ziemer, joe@betterment.com, 212-228-1328

Arielle Sobel, arielle@betterment.com, 347-395-0258

Betterment is the largest, fastest-growing automated investing service, helping people to better manage, protect, and grow their wealth through smarter technology. With more than 140,000 customers and over $3.7 billion in assets under management, 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 also helps customers get on track for a comfortable retirement with RetireGuide™, a retirement planning tool that lets people know how much they should save and if they are investing correctly.

Determination of fastest growing automated investment service reflects Betterment LLC’s distinction of obtaining the largest number of new accounts since January 1, 2014, based on Betterment’s review of account numbers self-reported in the SEC’s Form ADV, across Betterment’s survey of automated investing services, as of January 31, 2015.

Betterment is a CNBC Disruptor 50, FT 300 and Webby award winner, and it 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. Learn more here.

Determination of fastest growing automated investment service reflects Betterment LLC’s distinction of obtaining the largest number of new accounts since January 1, 2014, based on Betterment’s review of account numbers self-reported in the SEC’s Form ADV, across Betterment’s survey of automated investing services, as of January 31, 2015.

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This article originally published March 9th, 2016 on Betterment.