AI Case Study

Uber assists its drivers to open retirement accounts with the help of a robo-advisory investment firm

Betterment, the largest independent robo-advisor firm, is offering Uber drivers options to manage retirement savings. Robo-advisors provide financial advice tailored to the needs of each investor and live support.

Industry

Transportation

Other

Project Overview

"A robo advisor can be a good solution for someone who does not want to hire a financial advisor, doesn’t have enough assets to hire a financial advisor yet, or for someone who has typically been a do-it-yourself investor, but no longer wants to select investments, rebalance and place trades on their accounts.

Robo advisors can automatically select investments and build a diversified portfolio for you. Once your funds are invested, on an ongoing basis, the software automatically makes changes to the investments to align your portfolio back to a target allocation. Some robo advisors even automatically make trades that can help reduce your tax bill; a process called tax-loss harvesting."

Reported Results

Results not disclosed

Technology

Function

Human Resources

Compensation And Benefits

Background

Betterment is considered a leader among its robo-startup peers managing $7.3 billion in assets

Benefits

Data