More investors hand their money to robots

By Victor Reklaitis

While $12 billion isn’t much relative to the trillion in retail investor money that is up for grabs, Betterment CEO and founder Jon Stein says his company is “growing incredibly quickly,” noting it had just $1 billion in assets under management when this year started. “There was a time when smartphones had 1% market share,” Stein said. “It’s still early days.”

Read the Original Article

This article originally published November 24th, 2015 on Marketwatch.