Betterment Adds Bank of America Lawyer as New Compliance Chief

June 1, 2021, 9:45 AM UTC

Betterment LLC, a robo adviser that expanded during the coronavirus pandemic, has hired Brian Woldow from Bank of America Corp. as its new chief compliance officer.

Woldow, a former lawyer with the Financial Industry Regulatory Authority and associate at O’Melveny & Myers, has spent nearly the past 16 years in-house at Bank of America, where he was most recently a Jersey City, N.J.-based managing director and a compliance and operational risk executive.

He’ll work with an executive team that includes Seth Rosenbloom, a longtime in-house lawyer at Betterment who took over as the company’s general counsel last year following the ...

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