New customers and wealth to expand the Retail Platform rate of Betterment prices
New York, February 26 2025 / Prnewswire/ – IMPROVEMENT, The largest independent advisor of digital investment WITHIN United StatesToday it announced that it has acquired the automated Ellevest investment business, the investment and assets management company built by and for women.
Betterment today serves more than 900,000 customers all the time United States and manages more than $ 55 billion in wealth. This announcement follows other recent Betterment purchases, including the purchase of Wealthsimple advisory accounts in the US in 2021 and the Goldman Sachs ‘accounts’ Marcus Invest in 2024.
“This purchase further cements our leadership in the digital investment space,” said Sarah LevyCEO of Betterment. “We look forward to welcoming Ellevest’s customers to improve and continue to support them on their travels for property building.”
“While focusing on our growing wealth management and financial planning business, Betterment was the natural home for our first digital customers. At the top of automated investments, Betterment offers features for which many of our digital customers have expressed interest, including Common accounts and other cash account options, ”said Dr. Sylvia KwanCEO Ellevest and cio. “We built a platform that makes investment easy in a way that works for the needs, goals and values of our customers – and the same is true for improving under their CEO leadership, Sarah Levy“
Betterment offers a combination of powerful technology and personalized support to meet customers where they are. Ellevest customers who transfer their accounts to Betterment will enjoy automated investments, varied portfolios and tax valuable tools. They will also have access to a range of types of accounts, planning tools, educational resources and human advisers.
Depending on certain closing conditions, Ellevest will transfer their automated investment accounts to improvement in or around April 17, 2025. Clients will have the opportunity to give up this transfer if they choose to do so. Betterment will only be the purchase of automated Ellevest investment accounts under management; It will not receive any additional accounts, technologies, employees or operations as part of the transaction.
With a mission to get more money in the hands of women, Ellevest will continue to provide financial planning and assets administration services for individuals, families and institutions of high high value and ultra high value $ 500,000 or more.
For more information please visit www.betterment.com.
For the improvement
Betterment LLC (“Betterment”) is the largest independent independent financial digital advisor, using automated technology powered by human expertise to fulfill a particular mission: making the lives of people better. Launched in 2010, today Betterment helps more than 900,000 customers manage long $ 55 billion in wealth. The bid of expanded betterment products includes taxable investments, pension, high -production money, smart tax tools, 401 (K) solutions for growing businesses, and services and solutions for independent councilors.
Contact for press: [email protected]
About
Ellevest was founded in 2014 by Sallie Krawcheck with a mission to get more money in women’s hands. With the 8th name registered only registered counselor with tariffs at USA at US $ 1 billion+, the team of financial advisers and planners of all women, helps customers build and manage their wealth through deliberate impact of investment and financial planning. visit Ellevest.com For more information.
Contact for press: [email protected]
Moreover, this release should not be interpreted as an approval or evidence by Ellevest or Betterment.
Improving the source