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Betterment history
Betterment company history timeline
The parent company for Betterment LLC and Betterment Securities, Betterment Holdings, Inc. was established in Delaware on January 29, 2008.
Betterment was founded in 2008 in New York City by Jon Stein, a Columbia Business School MBA graduate, and Eli Broverman, a lawyer out of NYU School of Law.
Betterment, LLC was established as a Delaware corporation on April 7, 2009.
In 2009, Anthony Schrauth, a former colleague of Stein's joined Betterment as chief product officer, and Owen was replaced by Kiran Keshav of Columbia University's Center for Computational Biology.
The company launched at TechCrunch Disrupt New York in June 2010, and won the award of "Biggest New York Disruptor." Within 24 hours, Betterment had attracted nearly 400 early customers, and the company began talks with early investors.
Betterment's reported assets under management (AUM) of $33 Billion+ is as of March 31, 2022.
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Betterment competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Wealthfront | 2011 | $29.0M | 238 | 55 |
| Charles Schwab | 1971 | $1.6B | 32,000 | 736 |
| Morgan Stanley | 1935 | $3.0B | 68,097 | 1,220 |
| Wahed | 2017 | $1.8M | 100 | 1 |
| SigFig | 2008 | $9.3M | 148 | - |
| Personal Capital | 2011 | $2.9M | 1,500 | - |
| Cross River | 2008 | $98.9M | 500 | 30 |
| CB Insights | 2008 | $100.0M | 400 | 17 |
Betterment history FAQs
Zippia gives an in-depth look into the details of Betterment, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Betterment. The employee data is based on information from people who have self-reported their past or current employments at Betterment. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Betterment. The data presented on this page does not represent the view of Betterment and its employees or that of Zippia.
Betterment may also be known as or be related to Betterment, Betterment Financial LLC and Betterment LLC.