It's not about humans versus technology. It's about how humans employ technology to better their lives.
Betterment for Advisors is fundamentally changing what's possible for institutional wealth management by bringing together human advisors and cutting-edge technology.
From the time Betterment was founded, we've been reinventing the investment industry. Now, we're giving advisors the tools we've built to make their practice smarter so they can focus on client relationships.
Jon Stein and Eli Broverman re-invent the world of investment management through the thoughtful application of technology.
Betterment was the first online advisor to introduce IRA accounts.
Betterment made it easy to create a trust account so clients can have a diversified set of account types.
We start working with a small number of advisors to build a product based on their feedback.
Betterment officially announces the creation of Betterment Institutional.
Betterment Institutional officially launches, marking the first step in becoming the leading digital-first custodian.
Betterment Institutional changes to Betterment for Advisors with additional portfolio strategies.
With a decade of experience in finance and as a CFA charterholder, Betterment CEO Jon Stein sought an investment service that would deliver the best possible results and save him time and money. Together, the Betterment team is creating a world where investing better is accessible to everyone.
Jon is the CEO of Betterment. Passionate about efficiency, customer happiness, and helping people make smart decisions with their money, Jon founded Betterment in 2008.
Previously, Jon spent his career developing financial products, platforms, and investment strategies for large financial institutions. As a Consultant at First Manhattan Consulting Group for half a decade, he developed in-depth knowledge of retail banking, investing, and risk management.
He is a Chartered Financial Analyst (CFA) and has FINRA Series 7, 24, and 63 registrations. Jon is a graduate of Harvard University and Columbia Business School.
Tom is the General Manager at Betterment for Advisors, where he leads the company's efforts to become the leading digital-first institutional custodian.
Prior to Betterment, Tom lead digital advice at Envestnet following its acquisition of Upside, where he was co-founder and CEO. Before Upside, Tom was Vice President of Strategy and M&A at Barclays and a management consultant at McKinsey & Company.
Tom has FINRA Series 7, 24, and 66 registrations. He holds an MA and MBA from Yale University and a BA from the University of Pennsylvania, where he was a Benjamin Franklin Scholar.
We've assembled an expert team of investment professionals, engineers, product specialists, and designers. Together they create a product that makes advisors' lives easier and clients' lives better.