Through this strategic acquisition, Betterment is expanding its customer base and continues to accelerate its growth.
NEW YORK, March 4, 2021 / PRNewswire / – Betterment, a leading online financial services company, announced today that it has acquired the U.S. portfolio of Wealthsimple. In the coming months, Wealthsimple will move all of its US-based clients to Betterment and no longer support US-based accounts.
Betterment, well known for being the first automated investment service to enter the market, was selected through a competitive process as a partner for this acquisition. Wealthsimple was looking for an established business with a solid reputation, as well as a business that emphasizes the best interests of its clients.
Wealthsimple clients who decide to …
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