New Betterment “Two-Way Sweep” Feature Would Boost Yield on Client Cash
By Michael Thrasher
Betterment is rolling out a feature to help investors earn more interest on cash and it could prove lucrative for the robo advisor, if the company’s estimates and predictions hold up.
The new “Two-Way Sweep” feature uses an algorithm to automatically analyze and move excess cash to and from an investor’s checking account and Betterment’s Smart Saver account.Read the Original Article
This article originally published December 4th, 2018 on WealthManagement.com