Betterment LLC (New Legal Name) is a large advisory firm based in New York. It manages $840.36 million of regulatory assets for 44,400 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.
Betterment LLC (New Legal Name) provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Betterment LLC (New Legal Name) is $840.36 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 19% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Betterment LLC (New Legal Name) for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The principal office where Betterment LLC (New Legal Name) performs its advisory services is located at 61 West 23 Rd Street, New York, NY 10010, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 212-228-1328 or by fax N/A. The normal business hours are 10:00 - 6:00 on Monday - Friday. You can find more information about the New York firm at www.betterment.com.