Sara Kalsman is a CFP-designated registered investment advisor at Betterment, based in New York, NY, with 10 years of industry experience. Sara operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, Retirement Planning. Their firm serves 923,777 clients with $56B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Betterment charges an asset-based fee for its investment advisory services.
Retail clients pay a $5 per month fee if their total account balance is under $24,000 and they do not have a monthly $200 recurring deposit. If the balance exceeds $24,000 or they have a $200 recurring deposit, they pay 0.25% annually. Clients with a Solo 401(k) pay 0.25% annually. HSA accounts are subject to an annualized fee of 0.50%. Premium clients pay 0.65% annually, which includes a 0.40% fee for access to financial consultants. The 0.40% fee is waived for balances above $1 million. Betterment waives its fee on balances held in self-directed investing and Cash Reserve accounts.
Location
450 West 33rd Street, Floor 11, New York, NY, 10001
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Employment History
Current Registrations
Betterment
Previous Registrations
One Capital Management, LLC
Beacon Pointe Advisors, LLC
Beacon Pointe Wealth Advisors, LLC
Reilly Financial Advisors
State Registrations3 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.