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The New York Post

Fast-growing ‘robo-advisor’ Betterment tops $3B in assets

By Kevin Dugan

There’s a new top robot in town.

Betterment, a seven-year old “robo-adviser” wealth manager, surpassed rival Wealthfront this week after surpassing $3 billion in assets under management — nearly tripling client funds since January, CEO Jon Stein told The Post.

The milestone comes seven months after an online spat erupted among Betterment, Wealthfront, and Charles Schwab, which had started its own automatic investing platform.

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This article originally published November 4th, 2015 on The New York Post


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