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Firm profile

Betterment

NEW YORK, NYCRD 149117Latest ADV May 15, 2026

Betterment is an SEC registered investment adviser organized as a limited liability company with a primary office location in New York, NY. Its latest Form ADV filing, dated March 30, 2026, reports $69.5B in regulatory assets under management, 794 employees, and 1,344,483 accounts.

Assets Under Management
$69.5B
Employees
794
Offices
--
Total Clients
1,022,488
Primary office
NEW YORK, NY
450 WEST 33RD STREET, FLOOR 11, NEW YORK, NY, United States
ADV Item 1F location record

Contact and digital presence

ADV profile links

Leadership

3 roles identified
CEOSarah K. Levy
CCOKhaley A. Sestak
CFOPeter B. Lorimer

Advisory services offered

4 types reported
Educational seminars/workshops
Financial Planning Services
Pension consulting services

Fee models offered

1 types reported
Asset based fees
Sources checked May 19, 2026

Client Coverage Demographics

Top client segmentIndividuals represent 97.0% of total clients.
Top client categories% of clientsClients
1
Individuals
97.0%
992,194
2
HNWI
2.4%
24,685
3
Pension Plans
0.5%
4,792
4
Corporations
0.1%
806
Additional categories (<0.1%)
Charitable11 clients

Regulatory Assets Under Management Breakdown

Total regulatory assets under management$69.5Bas of May 15, 2026
Discretionary99.8%
$69.4B
100% of total RAUM99.8%
Non-discretionary0.2%
$123M
0% of total RAUM0.2%
Regulatory assets under management are split between discretionary and non-discretionary assets.

Assets under management Growth by Quarter

Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.

Total AUM$69.5B
Total Accounts1,344,483
10Y AUM Change+$61.5B (+768.9%)

Employee Growth by Quarter

Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.

Total Employees794
Clients per Employee1288:1
10Y Employee Change+575 (+262.6%)

Historical AUM and employee figures reflect available SEC Form ADV filings under this CRD. Filing gaps may reflect registration status changes, dormant periods, state registration periods, firm restructuring, or other reporting changes. Rialytix does not interpolate missing periods.

* Metrics are based on the latest available data, including Form ADV filings, brochures, and relationship summaries pulled from the SEC IAPD, and may be subject to change. Learn what is included in the Rialytix data. Please refer to the firm's official disclosures for the most accurate information using their CRD number. This is not investment advice.