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Wealthmanagement.com

New Betterment Feature Automatically Invests Client’s Extra Cash

By Ryan Neal

Betterment, the so-called robo advisor for investors and advisors that uses algorithms to create and sustain appropriate portfolios, added a new tool Tuesday that’s designed to up the ante when it comes to auto deposits: Instead of a predetermined, static amount, it automatically pulls into the portfolio any excess funds from a client’s outside bank account above a set threshold.

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This article originally published July 14th, 2015 on Wealthmanagement.com.