Betterment · Betterment Privacy Policy · View original document ↗

Third-Party Service Provider Disclosures

Medium severity Unique · 0 of 325 platforms
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Document Record

What it is

Betterment shares your personal information with third-party service providers that help operate the platform, such as technology vendors, customer support services, and analytics providers.

This analysis describes what Betterment's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology

ConductAtlas Analysis

Why it matters (compliance & governance perspective)

This provision establishes the operational framework through which Betterment discloses customer personal information to external vendors and service providers as part of normal business operations. The confidentiality requirement creates a contractual obligation between Betterment and third parties, but does not restrict the categories or scope of third parties to which data may be disclosed.

Consumer impact (what this means for users)

Your personal and financial information flows to a network of third-party vendors, and while these are contractually bound to protect your data, their security practices are ultimately outside Betterment's direct control.

How other platforms handle this

Snapchat Medium

If you use a third-party service — like a social network or login service — to access our services, those services will tell us basic information about you, like your username and profile picture. In addition, information about you may be shared with other businesses within the Snap Inc. corporate f...

Robinhood Medium

We may share your personal information with: Service providers who perform services on our behalf. Financial partners, such as banks, payment processors, and financial institutions. Professional advisors, such as lawyers, auditors, and insurers. Business partners with whom we jointly offer products ...

Coinbase Medium

We may share personal information with third-party service providers and partners who support our business operations, including identity verification providers, payment processors, analytics providers, marketing partners, and blockchain analytics companies.

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▸ View Original Clause Language DOCUMENT RECORD
"
In order to provide financial services and in connection with our everyday business purposes and activities, we may share your personal information with third parties who perform services on our behalf. Examples of these third parties and services include consumer identification verification services, public accounting firms and other professional firms, and certain other vendors and service providers who perform marketing, advertising, research and analytics services on our behalf. We have entered into agreements that require that these third parties keep this information confidential.

— Excerpt from Betterment's Betterment Privacy Policy

ConductAtlas Analysis

Institutional analysis (Compliance & governance intelligence)

Third-party service provider relationships require data processing agreements and appropriate contractual protections under CCPA/CPRA and GLBA. Compliance teams should conduct vendor risk assessments and ensure all service providers are subject to adequate contractual data use limitations and security standards.

Full compliance analysis

Regulatory citations, enforcement risk, and due diligence action items.

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Applicable agencies

  • FTC
    The FTC holds companies accountable for data shared with third-party vendors and may investigate inadequate vendor oversight as an unfair or deceptive practice.
    File a complaint →

Applicable regulations

CCPA/CPRA
California, USA
Connecticut Data Privacy Act Amendments
US-CT
CAN-SPAM
United States Federal
FCRA
United States Federal
FTC Act Section 5
United States Federal
GLBA
United States Federal
Indiana Consumer Data Protection Act
US-IN
Kentucky Consumer Data Protection Act
US-KY
Universal Opt-Out Mechanism Expansion 2026
US

Provision details

Document information
Document
Betterment Privacy Policy
Entity
Betterment
Document last updated
May 5, 2026
Tracking information
First tracked
March 20, 2026
Last verified
March 20, 2026
Record ID
CA-P-001121
Document ID
CA-D-00212
Evidence Provenance
Source URL
Wayback Machine
Content hash (SHA-256)
0f2110f14291cf686bc8bd3141eab2a3228c5db82a5b1a6f096668a1bee8fbf8
Analysis generated
March 20, 2026 11:15 UTC
Methodology
Evidence
✓ Snapshot stored   ✓ Hash verified
Citation Record
Entity: Betterment
Document: Betterment Privacy Policy
Record ID: CA-P-001121
Captured: 2026-03-20 11:15:44 UTC
SHA-256: 0f2110f14291cf68…
URL: https://conductatlas.com/platform/betterment/betterment-privacy-policy/third-party-service-provider-disclosures/
Accessed: May 20, 2026
Permanent archival reference. Stable identifier suitable for legal filings, compliance documentation, and research citation.
Classification
Severity
Medium
Categories

Other risks in this policy

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Frequently Asked Questions

What does Betterment's Third-Party Service Provider Disclosures clause do?

This provision establishes the operational framework through which Betterment discloses customer personal information to external vendors and service providers as part of normal business operations. The confidentiality requirement creates a contractual obligation between Betterment and third parties, but does not restrict the categories or scope of third parties to which data may be disclosed.

How does this clause affect you?

Your personal and financial information flows to a network of third-party vendors, and while these are contractually bound to protect your data, their security practices are ultimately outside Betterment's direct control.

Is ConductAtlas affiliated with Betterment?

No. ConductAtlas is an independent monitoring service. We are not affiliated with, endorsed by, or sponsored by Betterment.