FutureAdvisor

wealthtech-retailrobo advisors

STATUS: Acquired/Merged
FOUNDING YEAR: 2010
LOCATION: United States
Last Update: 05/04/2021

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About

FutureAdvisor is an award-winning digital wealth management firm serving client households nationwide from our offices in San Francisco. We use software to power a wealth management experience accessible to everyone, at less than half the price charged by traditional firms. Our clients are the mass-affluent investors underserved by traditional financial advisory and wealth management firms. FutureAdvisor is leading a shift in financial services towards transparency, convenience and inclusion. FutureAdvisor is looking for engineers to help build better portfolio management tools for everyone. Our unbiased financial advice is giving middle- and working-class families powerful tools they never had access to before, and they're free. If our mission strikes a chord with you, please send us your resume: https://www.futureadvisor.com/jobs Social Media Community Policy: Content posted here by third-parties about FutureAdvisor remains the responsibility of the party posting the content, and is neither endorsed by FutureAdvisor nor representative of FutureAdvisor's viewpoints. Any opinions or statements posted by third parties are their own, and may not be indicative of others' experience or future performance or success. FutureAdvisor does not endorse or adopt any content on a third-party site linked to from this page. At its discretion, FutureAdvisor may remove any content containing violations of securities regulations; lewdness, personal attacks or obscenity; comments irrelevant to the topic at hand; or unsolicited advertisements and spam.

MEDICI Analysis

FutureAdvisor was acquired by BlackRock. Founded in 2010, FutureAdvisor believes financial advice should be accessible to everyone, not just the wealthy. Built on research-backed algorithms, FutureAdvisor’s free web service gives everyday investors personalized recommendations to reduce fees, maximize tax efficiency, and select the right assets in their portfolios.

Focus

PRODUCTS & SERVICES

Digital investment advisory-Investment Management, Retirement Advice, College Savings Software Services

REVENUE MODEL

Company charge a flat annual management fee of 0.5% of assets directly managed.

Traction

VALUATION / MARKET CAP:

$48 M in 2015

COMPANY TYPE:

For Profit

company provided insights
Acquisitions

M&A

ACQUIRED BY

BlackRock

ANNOUNCED DATE

Aug 2015

PRICE

$150 M

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

8,435

AVERAGE VISITS (6 MONTHS)

17,163.14

MONTHLY VISITS GROWTH

-4.24%

VISIT DURATION

163

VISIT DURATION GROWTH

-45.01%

PAGE VIEWS VISIT

5.37

PAGE VIEWS VISIT GROWTH

-10.75%

BOUNCE RATE

39.92%

BOUNCE RATE GROWTH

13.34%

GLOBAL TRAFFIC RANK

1,218,886

MONTHLY RANK CHANGE

-326,820

MONTHLY RANK GROWTH

-21.14%

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