Today we’re excited to announce the addition of former commissioner of the Securities and Exchange Commission and advocate for investors small and large Luis A. Aguilar to Personal…
Luis A. Aguilar Joins Personal Capital’s Board of Advisors
Passing the Torch
I’m very pleased to tell you that Jay Shah has been promoted to CEO of our company. It’s a great move for our firm and will yield solid benefits for our customers. First, let me…
The Big Banks’ Plan Would Weaken Cybersecurity of Consumer Bank Accounts
You know how vital it is to have easy access to your financial data in order to run your financial life. So important, that Section 1033 of the Dodd-Frank Wall Street Reform and Consumer…
The Fiduciary Rule Lives On in Texas, Only to Die in Washington, DC
Two days ago, there was a shootout at the OK Corral. Except this one didn’t involve gunslingers; it involved big bank lobbyists and the U.S. District Court for the Northern District of…
Consumers Scream About Fiduciary Rule and Section 1033 of Dodd-Frank
This weekend, Personal Capital conducted a survey of some of its users regarding the potential repeal of the Department of Labor’s Fiduciary Rule and Section 1033 of Dodd-Frank. The…
Bill Harris, former CEO of Intuit, Calls “Baloney” on J.P. Morgan and Intuit
As a former CEO of Intuit, I call J.P. Morgan and Intuit to task for their lack of support for Section 1033 of the Dodd Frank legislation to protect American’s right to access their own…
“You Might Die Younger” Without the Fiduciary Rule
The White House National Economic Council Director (and former number two at Goldman Sachs, whose stock price went up 5% on the day he made his announcements) Gary Cohn said this about the…
Morgan Stanley, Citigroup Overcharge Clients: Mistakes or Policies?
Last week, the SEC announced that Morgan Stanley agreed to pay $13 million as a penalty for overbilling 149,000 of its clients. They weren’t the only ones to be penalized last week: The…
SEC Announces Increased Scrutiny of Robo-Advisors
The Securities and Exchange Commission (SEC) announced yesterday that for the first time it is adding “electronic investment advice” – i.e. advice offered through robo-advisors – to its…
Personal Capital Welcomes Paul Desmarais III to Board of Directors
We’re kicking off the new year with some exciting news. Today we welcome Paul Desmarais of Power Financial Corporation to Personal Capital’s Board of Directors. Paul is intimately…
Your 2017 Financial Plan – A New Year, A New You
It’s that time of the year – 2016 is waning, and 2017 is right around the corner. And as always, money and financial planning are right up there on people’s lists of New Year’s goals….
Personal Capital Closes Out 2016 with $3.4 Billion in AUM and $100 Million in Financing
The year may be coming to a close, but here at Personal Capital, we’re still charging forward at full speed. It’s an exciting day for us as we announce the close of a $75 million Series…
