The Evolution of Digital Wealth, Investment and Retirement

Hedgeable Restructures Its Business; Closes Down Retail Business Arm

In early July 2018, Hedgeable, independent next-gen robo-advisor launched in 2010, announced about its plans to restructure its business. Restructuring, another way of saying that…

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Vestwell, a US-Based RetTech Company, Founded in Late 2016

Launched in late 2016 by Aaron Schumm, US-based Vestwell is full-fiduciary, digital white-label turnkey retirement platform for financial advisors to manage 401(k), 403(b) and other retirement…

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RBC’s US WM Moves Towards Robo-Technology – Partnership With BlackRock

In February 2016, Royal Bank of Canada’s U.S. wealth management operations partners with BlackRock’s FutureAdvisor to build hybrid digital-human advice platform and digital advice capabilities…

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Guideline, a US-Based 401(k) Provider, Founded in Early 2015

US-based robo-retirement company Guideline was founded in early 2015 and operates as an RIA since late 2015. 1)Since early 2010, numerous new online 401(k) and other…

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qblum, a US-Based Robo-Advisor, Founded in Early 2015

qblum is a US-based robo-advisor that relies on “A.I. powered technology to identify active investment opportunities and to lower trading costs”. The company was co-founded by…

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Cassia Research, a Canadian Fintech Startup, Founded in January 2013

Canadian fintech Cassia Research was founded by Henry Bee and Jesse Chen in early 2013. Cassia Research provides technology-driven services to financial advisors. Cassia Research’s mission…

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Huygens Capital, a US-Based Robo-Advisor and ETF Strategist, Founded in July 2011

Privately-owned asset manager Huygens Capital was founded in July 2011 by former banker Walter Vester. The company offers both robo-advisory as well as ETF strategy…

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Swiss-Based VZ Finanzportal, One of the Very First European Robo-Advisors, Launched in September 2010

Swiss robo-advisor VZ Finanzportal was launched by Zürich-based VZ VermögensZentrum in 2010. 1)Read more about VZ VermögensZentrum VZ Finanzportal’s robo-advisor offers investment plans around ETFs, a wide…

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German DIY Investment Education Service justETF Founded in July 2010

justETF is a German-based online investment education service that offers various tools and guidance for DIY investors to invest with ETFs. The company offers both…

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Alipay Launched Yu’e Bao in June 2013

In June 2013 Alibaba-owned Alipay, a Chinese third-party mobile and online payment platform introduced a new mutual fund investment service to the Chinese retail market. An…

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Motif Investing, a Theme-Based Online Broker, Founded in June 2010

Motif Investing, established in June 2010 as FundDNA and rebranded as Motif Investing in October 2010, was co-founded by Hardeep Walia and Tariq Hilaly. Its “motif” investing service…

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FutureAdvisor, a Wealthtech Startup from Y Combinator, Launched in May 2010

FutureAdvisor, a San Francisco-based wealthtech venture, was founded in 2010 by Bo Lu and Jon Xu. FutureAdvisor offers a wide range of automated online investment…

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InvestCloud, a Cloud-Based Wealthtech Company, Founded in 2010

The US-based InvestCloud was co-founded by British serial entrepreneur John Wise and a group of other experienced professionals in (March) 2010. Co-founders are Colin Close, Michael A. Smith, and Yaela…

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Norwegian Quant Firm Fronteer Solutions Founded in February 2010

Norwegian Fronteer Solutions, a quant asset and fund management company, was co-founded in February 2010 by Atle Christiansen, Håken Jevne, and Thomas R Larsen. The company has its…

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US-based Investment Adviser Financial Guard Founded in Early 2010

A US-based online investment advisor Financial Guard was founded in early 2010 with the mission to make investing simpler and more transparent for retirement investors….

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iQuantifi, a U.S.-Based Financial Services Software Company, Founded in October 2009

iQuantifi, a U.S.-based software company focused on providing automated goal-based digital advice platform for B2B clients, was founded in October 2009 by Tom White and…

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Chinese Fintech Firm Wacai Founded in Late 2009

Wacai is a Chinese PFM app developer that launched its bookkeeping service in 2009 and mutual fund trading feature in July 2013. The company was founded…

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Personal Capital Founded in July 2009

The U.S.-based financial services software, investment and wealth management company Personal Capital was founded by Bill Harris, Rob Foregger, and Louie Gasparini in July 2009. 1)Personal…

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Premium WM Platform Hedgeable Founded in April 2009

Hedgeable, a U.S.-based financial services company, was co-founded in early April 2009 by twin brothers Michael Kane and Matthew Kane. Hedgeable acquired RIA status in 2009 and…

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Social Investing Network kaChing Founded in Early 2008

Social investing network kaChing, the predecessor of Wealthftont, was co-founded in early 2008 by Andy Rachleff and Daniel Carroll. According to an article co-written by Sarah Milstein…

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Jemstep Established in 2008

An U.S-based Jemstep (acquired by Invesco in 2016), an open investment platform provider and developer for financial advisors, registered investment advisors, independent broker-dealers, and insurers, was co-founded in…

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EQIS Founded in 2002

EQIS, a fee-based turnkey asset management firm (TAMP) focused on B2B/B2C capabilities, founded in 2007. 1)Unfortunately, there are two conflicting founding dates for this company 2002 vs 2007….

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SigFig Founded in 2007

SigFig, a San Francisco-based investment management solution company, founded in May 2007. SigFig’s business model is not solely based on non-discretionary investment management but rather…

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LearnVest Founded in 2007

LearnVest, an American personal financial planning company, was founded by Alexa von Tobel in May 2007. Originally LearnVest focused on empowering female investors to get…

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Asset Builder Founded

The U.S.-based registered investment financial advisory firm, well-known for their simple investment process and relatively low fees, AssetBuilder was founded in August 2006. The company…

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The World’s First Robo-Advisor, Financial Engines, Founded

The very first technology-oriented automated investment advisor service, Financial Engines, was co-founded in June 1996 by William F. Sharpe. The company is located in Palo…

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