Jonathan Stein

Board Member, Founder, and CEO

Jonathan "Jon" Stein is a prominent American fintech entrepreneur, best known as the founder of Betterment, the largest independent online financial advisor in the United States. He has recently launched a new venture called Warmer, where he serves as the founder. Warmer focuses on enhancing client relationship intelligence through advanced technology and AI, aiming to improve interactions for financial advisors and professionals.1 3 4

Background and Education

Stein graduated with a B.A. in Economics from Harvard University in 2001 and later earned an MBA in Entrepreneurship and General Management from Columbia Business School in 2009. His early career included roles at Harvard University, where he worked as a Bio Labs Assistant, and at First Manhattan Consulting Group, focusing on capital allocation and investment strategies.1 2

Career Highlights

Betterment: Stein founded Betterment in 2010, which became a pioneer in the robo-advisory space by offering automated investment services. He served as CEO until December 2020, when he transitioned to a board member role after appointing Sarah Levy as CEO. Under his leadership, Betterment introduced several innovative features such as fractional shares and automatic rebalancing.2 5
Warmer: Launched in July 2023, Warmer aims to provide actionable insights for client interactions by integrating with existing client data systems. The platform is designed for firms with teams of 25 or more, emphasizing the importance of relationships in an increasingly AI-driven world.3 4

Other Endeavors

In addition to his work with Warmer and Betterment, Stein is involved with various startups and advisory roles:

He serves on the boards of several companies, including Valora and Denim.
He is an advisor to multiple firms such as Treasury Interactive and Parallel Markets.1 2

Stein's contributions to the fintech industry have made him a recognized advocate for transparency in investing and customer-centric financial solutions. His innovative approach continues to shape the future of financial advisory services.