An article in Crain's today addresses disruption (The Endless Disruption Eruption) and Betterment CEO Jon Stein is quoted:
Jonathan Stein, for one, spent two years building a system and overcoming steep regulatory hurdles before he was able to launch Betterment, an online bank and investment company that last year won the TechCrunch Disrupt best New York City startup award and a best-of-show award at Finovate, a conference that showcases financial technology innovations.
It’s important to be building something that will help people if you’re going to bother creating something new. Helping with money management is incidental – it just so happens to be an area that we know well where a lot of folks need help.
Also, for those keeping score, we are not a bank, nor an investment company. Betterment is an investment advisor and Betterment Securities is a broker-dealer – that’s the only way we’re able to offer the seamless services that we do.
Retirement | Personalized Advice for IRAs and 401(k) Plans
Get your retirement plan on track with Betterment’s digital planning and investing tools. You can sync your employer plans alongside your IRAs to get a better retirement picture. Then, get advice on how to save in a Tax Smart way.
FDIC vs SIPC—What’s the difference?
FDIC. SIPC. NCUA. There’s a good chance you’ve heard of most of these acronyms at some point while dealing with your finances. But what exactly does each mean when it comes to your money?
Jon Stein on “How I Built This:” Reflecting On Our Story
Jon Stein joins NPR’s Guy Raz for an episode of “How I Built This” to look back at how Betterment started, what mistakes were made, and how they turned into learnings for the robo-advisor we are today.
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