• FOUNDING YEAR: 1997
    LOCATION:
    United States
    REGION:
    IL
    Last Update:
    18 Oct, 2019

Description

FOCUS

PRODUCTS & SERVICES:
The company provides digital financial advisor-401(k) managed accounts, portfolio dashboard and wealth forecasting advisory services for institution investors. It helps its clients in understanding how their investments are performing relative to their own investment strategy.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Brokers, Dealers, Investment managers, Insurance Companies, Retail investors
EXISTING PARTNERSHIPS:
Street Journal Digital Network,AonHewitt,PIMCO
COMMENT
The digital advice solution provides integrated account aggregation, analytics, planning and portfolio management, and allows partners to customize advice methodology and fiduciary roles.

PEOPLE

FOUNDERS:
John Patterson, Dirk Quayle, Jon Hagen, Rob Foregger
Board Members and Advisors:
Dirk Quayle, Rob Foregger, Ben Britt
NUMBER OF EMPLOYEES:
51-200
INVESTORS:
AllianceBernstein, FinTech Collective, Kelvingrove Ventures, Manulife Financial Corp, Route 66 Ventures, Russell Investments, Transamerica Ventures, Vermont Seed Capital Fund, Oak HC/FT
KEY EMPLOYEES:
Jon Hagen(CTO); John Patterson(CEO)

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$52.3 Millions
DATE OF LAST FUNDING:
Jan 2018
TOTAL FUNDING COMMENT:
The company is planning to use the fund for expand into new markets (Jan 2018).
FUNDING SERIES:
SERIES A
$6.3 Millions Closed: Sep 2014
SERIES B
$16 Million Closed: Dec 2015
SERIES C
$30 Millions Closed: Jan 2018
LISTED:
NO

LATEST RESEARCH