Good afternoon, loyal blog readers! We are starting a monthly blog post that will focus on Personal Capital news stories that you may have missed. This month, we are featuring a piece by Telis Demos of the Wall Street Journal. He writes on the ever-growing online advisory space. Be sure to read his piece here.
Wall Street Journal: Investors Snap Up Online Financial Advisers
The Wall Street Journal reports that the new passion in Silicon Valley is the financial advisory space. Personal Capital’s latest round of funding was in October when we raised $50 million.
In this article, our CEO Bill Harris notes that our clients, “…are often people switching from traditional advisers.” And that “We’re surfing the tidal wave…” of this booming space.
Personal Capital helps over 2,000 clients manage more than $1 billion in assets.
Read the full article here.
Other Personal Capital Articles You May Have Missed:
Wall Street Journal: Is a Roboadviser Right for You?
Daily Worth: Can These Robots Make You Rich?
To our readers: What are your thoughts on the future of digital wealth management?