Why does Betterment require identity verification?

Betterment is required to verify your identity when you open an account. This helps us comply with financial regulations and prevent fraud. Identity verification ensures that your account is secure and that we can safely manage your investments. If we need additional information to verify your identity and approve your account, we’ll notify you with instructions on how to securely submit documents.

Identity Account Verification

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Betterment is required to verify your identity when you open an account. This helps us comply with financial regulations and prevent fraud. Identity verification ensures that your account is secure and that we can safely manage your investments. If we need additional information to verify your identity and approve your account, we’ll notify you with instructions on how to securely submit documents.
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