Betterment
Phillip Riese’s background reads much like Betterment’s – he is passionate about disruptive financial services startups. Notice the family resemblance?
Phillip spent over 20 years in leadership roles in Financial Services, initially at Chase and ultimately at American Express. He retired from American Express in 1998 as President of the Consumer Card Group and Chairman of American Express’ Centurion Bank, leading the teams that turned around American Express’ core business.
Since leaving American Express, he has focused on co-investing in start-up and midsize companies that are potential leaders in providing disruptive financial services, advanced data analytics and next-generation marketing capabilities, serving on the boards of some and acting as an advisor to management in others.
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Betterment
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Betterment is the largest independent digital investment advisor, offering investing and retirement solutions alongside their everyday services for spending and saving. Since 2010, Betterment has had one mission: to make people's lives better with easy-to-use, personalized investment solutions. Using cutting-edge technology, they empower hundreds of thousands of customers to manage their money – for today, tomorrow, and someday – with expert advice; automated money management tools; and tax-smart strategies designed to keep taxes low.