Upside Co-Founder Hired to Lead Betterment Institutional

By Ryan Neal

Betterment has hired a former competitor to take charge of its advisor-facing business.

The New York City-based automated investment advice service on Tuesday introduced Tom Kimberly as the new general manger of Betterment Institutional. Kimberly comes over from Upside Advisor, another white-label robo-advisor that Envestnet acquired in February.

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This article originally published November 17th, 2015 on WealthManagement.com.