Do you combine with portfolio administration techniques?
Sure, we at the moment combine with Orion, BlackDiamond, and Addepar. Our integrations with portfolio administration techniques are on the agency stage and embrace detailed account data for all purchasers throughout the agency, similar to tax tons and price foundation.
Do you combine with any CRMs?
Sure, corporations utilizing Redtail or Wealthbox CRM software program can see Betterment consumer account data inside the CRM interface when you allow the mixing.
To allow Redtail integration, please e-mail firstname.lastname@example.org along with your Redtail username. When you obtain affirmation that the mixing is enabled by way of e-mail, it is possible for you to to see consumer account data and balances in Redtail. This could take a number of days.
To allow Wealthbox, first login to Wealthbox.Go to the Functions space, choose Betterment For Advisors, select Allow and click on “Request Betterment integration”. When you obtain affirmation that the mixing is enabled by way of e-mail, it is possible for you to to see consumer account data, balances, latest transactions and tax tons in Wealthbox’s Betterment tab. This could take a number of days.
Do you combine with any monetary planning instruments?
Sure, we at the moment combine with RightCapital, eMoney Advisor and MoneyGuidePro. Our integration with RightCapital is on the agency stage and on the client-level for eMoney and MoneyGuidePro. Shopper-level integrations require your purchasers to hyperlink their Betterment accounts utilizing their username and password. Our planning integrations don’t embrace tax tons and price foundation information.
Can my agency entry our uncooked information feed?
Sure, along with publishing your agency’s information to our integration companions, we will additionally present your agency with the uncooked recordsdata by way of SFTP. If you want to obtain the uncooked recordsdata please contact us at email@example.com*.
How lengthy does it take to allow my information feed?
It might take as much as 4-5 enterprise days.
How do I get my information into my portfolio administration system?
In case your agency makes use of a system we combine with, please e-mail firstname.lastname@example.org and tell us when you’d like integration enabled. As soon as the mixing is enabled we are going to e-mail you to substantiate. Please word it might take a number of days for the mixing to be accomplished after your request.
Betterment has related with TurboTax, H&R Block, and TaxACT tax preparation software program to permit automated import of your tax data. You or your purchasers might want to seek for “Betterment” with a purpose to import their tax data. Please refer to every supplier’s documentation concerning the steps essential to import information.
Vital: If purchasers have a number of accounts, e.g. private account and a belief, they will be unable to make use of TaxACT’s automated import software. Nonetheless, purchasers can obtain and import their tax assertion CSV, discovered on the Exercise web page of their accounts, immediately into TaxACT.
Please word that whereas Betterment has offered the tax data within the format specified by the tax preparation software program suppliers, we don’t handle the software program itself. Should you or your purchasers are experiencing points with the tax import software program of considered one of these suppliers, we encourage you or your purchasers to contact the suppliers immediately.
My purchasers’ tax preparation software program has a restrict on the variety of transactions it helps. How can I take advantage of it to report all transactions?
Sure variations of tax preparation software program have a restrict on the variety of transaction strains they assist for automated add. If purchasers encounter this situation and are unable to robotically import tax types, the IRS permits purchasers to report the abstract data on their digital tax return and ship a paper copy of their assertion with Type 8453 to the IRS after the tax return has been accepted. For extra data, see www.irs.gov/uac/About-Form-8453. Please word that Betterment just isn’t a tax advisor and the data offered shouldn’t be construed as tax recommendation however needs to be used for informational functions solely. Please seek the advice of a professional tax skilled or the IRS to find out the foundations that apply to your particular person tax scenario.