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.
Neil Kamath is a Marketing Intern at Personal Capital. Neil has a passion for using technology help make people's lives easier. Currently, he is studying Economics and Computer Science at Dartmouth College.
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