Betterment (company)

Betterment is an American financial advisory company which provides digital investment, retirement and cash management services.

Betterment
Company typePrivate
IndustryInvestment services
Founded2008 (2008)
Founders
  • Jon Stein
  • Eli Broverman
Headquarters
New York City
,
United States
Key people
  • Sarah Levy (CEO)
ProductsFinancial services, asset management, portfolio management, trust services
AUMUS$40 billion (2023)
ParentBetterment Holdings, Inc.
DivisionsBetterment at Work Betterment for Advisors
SubsidiariesMTG, LLC.
Websitewww.betterment.com

The company is based in New York City, registered with the Securities and Exchange Commission, and a member of the Financial Industry Regulatory Authority. It is a registered investment advisor and broker-dealer.

As of August 2023, Betterment had more than $40 billion of assets under management and over 800,000 customer accounts.

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