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Betterment waives platform fee for new Fidelity RIA firms adding it as custodian

Eric Balchunas reports that Betterment is waiving its platform fee through the end of 2028 for new Fidelity RIA firms that add Betterment as a custodian, noting Fidelity recently raised minimums on advisors.

Why “Confirmed”

  • Backed by on-chain or flow data: Eric Balchunas

1 independent source group across 1 post · evidence score 80/100. How labels work

What the sources claim

  1. Betterment is waiving its platform fee through the end of 2028 for new Fidelity RIA firms that add Betterment as a custodian.

    “Betterment is waiving its platform fee through the end of 2028 for new Fidelity RIA firms that add Betterment as a custodian”
    Eric Balchunas
  2. Fidelity recently raised minimums on advisors.

    “Fidelity recently raised minimums on advisors”
    Eric Balchunas

Sources

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Summary and claims extracted by deepseek/deepseek-flash with prompt analyze-story@3 on 2026-10-07 00:00 UTC. Labels are computed from the sources, not by the model.