The CEO of an investing startup taking in $12 million a day on the future of finance, millennials, and happiness
By Frank Chaparro
It took a year for the roboadviser Betterment to reach $10 million in assets under management.
That day, in 2011, was a big one for founder Jon Stein, 37, who set up the company after working at First Manhattan Consulting Group. He recalls going out to dinner that evening and being in awe of having so many people trust him and his company with their money. Now the company pulls in $12 million a day.