Betterment · Betterment Terms of Use · View original document ↗

Paid Relationship Disclosure — NerdWallet

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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)

The disclosure establishes transparency regarding the commercial relationship between Betterment and NerdWallet, informing users that the third-party endorsement involves a paid marketing arrangement. This disclosure operates as a material notice about the basis and limitations of the third-party rating referenced in the terms.

Consumer impact (what this means for users)

Users are informed that NerdWallet's recognition involved financial compensation to NerdWallet from Betterment, and that the award reflects only specific enumerated factors rather than comprehensive performance assessment. The provision clarifies the scope and limitations of relying on the third-party endorsement when evaluating Betterment's services.

How other platforms handle this

Apple Medium

Apps offering auto-renewing subscriptions must clearly describe the subscription, what the subscription includes, and the length of the subscription. Developers must implement a mechanism to allow users to cancel subscriptions. Apps must not mislead users about the nature of auto-renewing subscripti...

Cloudflare Medium

You agree not to engage in any of the following prohibited activities: (i) copying, distributing, or disclosing any part of the Service in any medium, including without limitation by any automated or non-automated 'scraping'; (ii) using any automated system, including without limitation 'robots,' 's...

Xbox Medium

When you use Microsoft services, you must comply with Microsoft's Code of Conduct. Prohibited conduct includes using the services to do anything illegal, transmitting content that is harmful, threatening, abusive, harassing, tortious, defamatory, vulgar, obscene, or otherwise objectionable. Microsof...

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▸ View Original Clause Language DOCUMENT RECORD
"
Nerdwallet recognized Betterment LLC as one of the Best Robo-Advisors 2025. ©2017-2025 and TM, NerdWallet, Inc. All Rights Reserved. It was considered amongst 15 robo advisors based on 16 factors, including account fees and minimums, portfolio mix, accounts supported, customer support, automated services, and human advisor options. Betterment compensates Nerdwallet for unrelated marketing. Award may not be representative of the Betterment client experience, advisory services, or investment performance.

— Excerpt from Betterment's Betterment Terms of Use

Provision details

Document information
Document
Betterment Terms of Use
Entity
Betterment
Document last updated
March 24, 2026
Tracking information
First tracked
May 7, 2026
Last verified
May 9, 2026
Record ID
CA-P-004513
Document ID
CA-D-00211
Evidence Provenance
Source URL
Wayback Machine
Content hash (SHA-256)
02aea9237f828414573f004ea4f42980e93e6c9aa739488fdf6e58e092f8b41a
Analysis generated
May 7, 2026 05:42 UTC
Methodology
Evidence
✓ Snapshot stored   ✓ Hash verified
Citation Record
Entity: Betterment
Document: Betterment Terms of Use
Record ID: CA-P-004513
Captured: 2026-05-07 05:42:34 UTC
SHA-256: 02aea9237f828414…
URL: https://conductatlas.com/platform/betterment/betterment-terms-of-use/paid-relationship-disclosure-nerdwallet/
Accessed: June 10, 2026
Permanent archival reference. Stable identifier suitable for legal filings, compliance documentation, and research citation.
Classification
Severity
Medium
Categories

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Frequently Asked Questions

What does Betterment's Paid Relationship Disclosure — NerdWallet clause do?

The disclosure establishes transparency regarding the commercial relationship between Betterment and NerdWallet, informing users that the third-party endorsement involves a paid marketing arrangement. This disclosure operates as a material notice about the basis and limitations of the third-party rating referenced in the terms.

How does this clause affect you?

Users are informed that NerdWallet's recognition involved financial compensation to NerdWallet from Betterment, and that the award reflects only specific enumerated factors rather than comprehensive performance assessment. The provision clarifies the scope and limitations of relying on the third-party endorsement when evaluating Betterment's services.

Is ConductAtlas affiliated with Betterment?

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