“These integrations are part of Betterment for Advisors’ recent efforts to help advisors grow their businesses,” Alex Benke, head of product for Betterment for Advisors, said in a statement.
Betterment aims to improve advisors’ workflows through integrations with tools that they use every day, like CRM software. This is Betterment for Advisors’ first CRM integration.
“CRM software is a critical tool in the modern advisory practice, and having more client data at their fingertips helps them deliver a better experience to more clients. I’m excited to be partnering with Wealthbox and Redtail, two of the most requested integrations,” Benke said in a statement.
Before these integrations, advisors would have to log into Betterment for Advisors and manually look up their clients’ account info to find their balance, positions held, and other important information.
Now, advisors who use either tool will be able to see their Betterment for Advisors client accounts and balances in the CRM tool.
Additionally, Wealthbox users will also be able to see recent transactions and even realized and unrealized tax lots.
J.P. Morgan Adds 2 ETFs to BetaBuilders Suite
J.P. Morgan Asset Management launched two new exchange-traded funds: JPMorgan BetaBuilders U.S. Equity ETF (BBUS) and JPMorgan BetaBuilders 1-5 Year U.S. Aggregate Bond ETF (BBSA).
The JPMorgan BetaBuilders U.S. Equity ETF is constructed to offer large- and mid-cap U.S. equity exposure, similar to other widely used market cap indexes in the space, seeking investment results that closely correspond to the Morningstar US Target Market Exposure Index. The fund will be offered at a total cost of 2 basis points.