Betterment: Why An Algorithm Gives Better Advice
By Rachael Revesz
Betterment, the U.S.-based online advisory and investment firm, has taken the ETF world by storm. The business has grown 400 percent every year since launch in 2008, and now manages over $1.7 billion assets for around 75,000 customers.
Founder and CEO Jonathan Stein is convinced this business model has equal potential in Europe, and that investors can sleep sounder at night with algorithm-based financial advice.
Stein will be giving a keynote speech at our annual conference in Amsterdam this year.