BETTERMENT
Firm details
- Headquarters
- New York, New York
- CRD number
- 149117
- Registered since
- May 21, 2009
- Website
- www.betterment.com
- Custodians
- BETTERMENT
- Fee structure
- Percentage of AUM
- Client types
- Individuals67.07%
- HNWI24.62%
- Pension & Profit Sharing Plans7.8%
- Corporations / Businesses0.5%
- Services
- Financial PlanningPortfolio Management for IndividualsPension ConsultingEducational Seminars / Workshops
Firm profile
FINTRXOverview
Betterment is a digitally native investment adviser organized as an LLC that offers fee-based portfolio management and financial planning to individual, family and institutional clients. Its business mix includes financial planning, managed portfolios for individuals and small businesses, pension consulting, and educational programming. The firm charges a percentage-of-AUM advisory fee, reports being an active ESG investor, and maintains an affiliation with a broker-dealer. Betterment was founded in 2009 and appears on the Financial Times’ 2020 list of Top 300 RIA Firms.
Assets & Accounts
Public Holdings
Investments & Alternatives
Location & Offices
Investment profile
FINTRXTraditional investments used
Alternative investments used
Active ESG investor
Technology & operations
FINTRXCRM & tech providers
TAMPs used
Clients
FINTRXClient base
Client personas
Asset composition
- Public Funds/Mutual Funds79%
- Cash & Cash Equivalents21%
Owners & executives
3 of 3PETER LORIMER
Chief Financial OfficerCRD 5323735
KHALEY SESTAK
Chief Compliance OfficerCRD 6876645
SARAH LEVY
Chief Executive OfficerCRD 7320919
Contacts
3 of 31Tyler Moore
Client Success ManagerCRD 7631707
MATTHEW RIOPELLE
Sales ManagerCRD 6005650
Norman Perkins
Financial PlannerCRD 6925726
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 664Active vs passive
$65.3B in ETFs
75%
$49.1B
3%
$16.3B
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| VANGUARD TAX-MANAGED FUNDS (VEA) | Vanguard | Passive | Foreign Large Blend | $8.8B | 137,930,799 | 13.53% |
Location
New York, NY
NEW YORK
Location
New York, NY
Headquartered in New York, NY, anchoring the New York-Newark, NY-NJ-CT-PA metro in the Northeast.
- Metro area
- New York-Newark, NY-NJ-CT-PA
- Region
- Northeast
- County
- NEW YORK
- Address
- 450 W 33rd St
- Time zone
- ET (UTC-5)
- Office locations
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