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Betterment

Investment platform · United States

About the company

Legal company nameMTG, LLC d/b/a Betterment Securities · Betterment LLC · Betterment Holdings, Inc. · Betterment Financial LLC
Year founded—
Headquarters / registered countryNew York, United States
Websitewww.betterment.com
Last checked11.11.2026

According to its official website, Betterment is a New York-based (450 West 33rd Street) automated investing and savings platform; the site reports more than 1 million customers and over 70 billion dollars in assets under management. Investment advice is provided by Betterment LLC, an SEC-registered investment adviser, while brokerage and custody services are provided by Betterment Securities (MTG LLC d/b/a Betterment Securities according to the Form CRS), an SEC-registered broker-dealer and FINRA/SIPC member, together with the third-party clearing firm Apex Clearing Corporation; Betterment Checking accounts are offered through Betterment Financial LLC by nbkc bank, Member FDIC, and the site states that no Betterment entity is a bank. The platform offers expert-built, globally diversified ETF portfolios, commission-free self-directed stock and ETF trading, custom portfolios, traditional, Roth and SEP IRAs and Solo 401(k) accounts, securities lending and an FDIC-insured high-yield cash account (Cash Reserve) at program banks. The automated investing fee is 5 USD per month or 0.25% per year, and 0.65% on the Premium plan; investing starts at 10 USD. The brand belongs to Betterment Holdings Inc. This information is the company's own statement.

Account Details

ACCOUNT TYPESAutomated investing · Self-directed investing · Custom portfolios · Traditional, Roth, SEP IRA · Solo 401(k) · Cash Reserve · Checking · Premium (100,000 USD+)
MIN. DEPOSIT10 USD
PLATFORMSWeb platform · iOS and Android mobile app
PRODUCTSGlobally diversified ETF portfolios · US stocks and ETFs (self-directed) · Bond portfolios · Retirement accounts · Securities lending · High-yield cash account

Licences and regulation

SEC (United States)

Licence no.SEC 8-51906 · CRD 47788
Licence holderBETTERMENT SECURITIES
ScopeFINRA BrokerCheck: SEC-registered broker-dealer, FINRA member, Approved; FINRA approval 21 Oct 1999, New York, NY; registered in 53 states; disclosures: 2 regulatory event. Other name MTG, LLC; parent company Betterment Holdings, Inc.
StatusVerified
USER REPORTS

User complaints

User reports found online are classified by topic. The reports are compiled from records on Trustpilot, WikiFX, Şikayetvar and FastBull, and one person's records count once.

There are no classified user reports for this institution yet.

Sources and verification history

Official company sourcesbetterment.com — homepage and footer disclosures, About, Pricing, Press, Legal Directory, Other Disclosures and Form CRS (27 Oct 2026) pages
Regulator recordsFINRA BrokerCheck — BETTERMENT SECURITIES, CRD 47788 (brokercheck.finra.org, 11 Nov 2026)
Company registerVerified source to be added
User feedback sourcesTrustpilot · Şikayetvar · WikiFX · FastBull
Last verified11.11.2026
SAME CATEGORY

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Frequently asked questions

Is Betterment trustworthy?

According to the data, Betterment has 1 verified licence (SEC); there are no classified user reports yet. This page does not express an opinion; licence records come from official registers and reports from sourced records.

Which licences does Betterment hold?

Licences verified in official registers: SEC (United States) – SEC 8-51906 · CRD 47788.

Are there complaints about Betterment?

No classified user reports about Betterment yet. Sources: Trustpilot, Şikayetvar, WikiFX, FastBull.

How can I file a complaint about Betterment?

Use the "File a Complaint" button on this page to open the form; the institution is preselected. Describe the issue, the date and attach any supporting documents. The complaint is reviewed by our team, published if eligible and forwarded to the institution; with the tracking link you receive, you can follow the process and the institution’s reply.

How is the information about Betterment verified and when was it last checked?

Licence records are checked against official registers (last verification 11.11.2026). Complaint records are re-scanned every month on Trustpilot, Şikayetvar, WikiFX, FastBull. The institution’s details were last checked on 11.11.2026.

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