Fees and Compensation — Form ADV Part 2A (3/8/2021)
[Brochure]
Item 5 – Fees and Compensation
We receive compensation in the form of solicitor’s fees for referrals of investment advisers or
other organizations to Betterment LLC. Betterment LLC has agreed to pay us 40% of the fees
generated from its Wrap Fee Program, as more fully described in Part 2 of Betterment LLC’s
Form ADV. All referral fees paid to us represent a portion of the fees actually charged by
Betterment LLC for the Wrap Fee Program and do not result in additional fees above that which
Betterment LLC would otherwise charge for managing client accounts.
Account Minimums and Types of Clients — Form ADV Part 2A (3/8/2021)
[Brochure]
Item 7 – Types of Clients
We do not provide investment advice and do not manage assets for any type of client. We
provide solicitation services to Betterment LLC through introductions to other investment
advisors or organizations.
AUM Breakdown
Accounts
AUM ($)
By Client Type
(a) Individuals (other than high net worth individuals)
0
0.0
(b) Individuals (high net worth individuals)
0
0.0
(c) Banking or thrift institutions
0
0.0
(d) Investment companies
0
0.0
(e) Business development companies
0
0.0
(f) Pooled investment vehicles
0
0.0
(g) Pension and profit sharing plans
0
0.0
(h) Charitable organizations
0
0.0
(i) State or municipal government entities
0
0.0
(j) Other investment advisers
0
0.0
(k) Insurance companies
0
0.0
(l) Sovereign wealth funds and foreign official institutions
0
0.0
(m) Corporations or other businesses not listed above