Free for 90 days: Sign up now and get 90 days managed free after your first deposit. See offer details

Financial Times

Robo adviser battles inertia to attract rich investors

By Rita Raagas De Ramos

Betterment has made a name for itself among US retail investors, having grown from a start-up in 2010 to a robo adviser with $4.5bn in assets and 160,000 clients in May.

With 191 per cent growth in assets throughout 2015, Betterment is the fastest-growing business in this year’s FT 300 list of registered investment advisers. Only three other RIAs — Summit Financial Wealth Advisors, Catalyst Capital Advisors and Feltz Wealthplan — increased their client assets by triple digits last year.

Read the Original Article

This article originally published June 16th, 2016 on Financial Times