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Betterment adds checking and savings products

“Betterment , the New York-based automated advisory service for wealth management, is adding FDIC-insured checking and savings account services through partnerships with several banks. “It’s the culmination of something we’ve been working on for a long time.,” says Betterment chief executive and founder, Jon Stein.  While the money management services company has long been one […]
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Companies

Betterment Faces Questions From Regulator After Launching Checking and Savings Accounts

“Regulators have asked online wealth advisor Betterment to clarify some details surrounding its new checking and savings accounts just hours after they were launched. The digital wealth-management start-up unveiled new accounts that offer as much as a 2.69% annual yield. But Betterment was asked to provide more specifics to one of its regulators almost immediately […]