SAN FRANCISCO, Sept. 21, 2017 /PRNewswire/ -- Personal Capital, the leading digital and professional advisor based wealth management firm, today announced that Bruce Felt, the Chief Financial Officer of DOMO, has joined Personal Capital's Board of Directors and will chair the Audit Committee.
"Bruce is the second powerhouse to be added to our Board of Directors this year, following the recent appointment of Paul Desmarais III of Power Financial and Power Corporation," said CEO Jay Shah, "We're excited to tap into Bruce's experience building out the financial infrastructure of fast growth companies as we ready Personal Capital for public market scale."
Felt is the CFO of DOMO, one of the fastest growing SaaS companies in the country. Previously, he was the CFO of SuccessFactors, where he guided the company through six acquisitions, a public offering and the sale of the business to SAP. Felt has spent 25 years managing financial operations for high-tech companies and serving on multiple boards of directors.
"When I was first introduced to Personal Capital, it was clear that the model had the potential to become a multi-billion dollar business," said Felt. "Personal Capital serves a need not covered by the robos or traditional wirehouses, by providing access to truly personalized financial advice through the combination of technology and unbiased financial advisors."
Personal Capital has added multiple high-powered members to its Board of Directors and Advisory Board within the last year. The organization is bringing together experts that have rich experience in building and scaling fast-growing companies like Personal Capital and will leverage these industry veterans for growth strategies in 2017 and beyond. The company has added $2 billion in assets under management in the last year. It now manages over $5 billion for its customers and tracks over $350 billion in assets for the 1.4 million users of its financial tools.
To learn more about Personal Capital, visit www.personalcapital.com.
About Personal Capital
Personal Capital is the smart way to track and manage your financial life. Personal Capital combines award-winning online financial tools that provide unprecedented transparency into your finances with personal attention from registered financial advisors. The result is a complete transformation in the way you understand, manage and grow your net worth.
Marianne Ahlmann | Personal Capital | firstname.lastname@example.org
Bruce Felt is the Chief Financial Officer of DOMO. Previously, he was the CFO of SuccessFactors, where he guided the company through six acquisitions, a public offering and the sale of the business to SAP. As a member of Capital's Board of Directors, he will chair the Audit Committee. Bruce has 25 years of experience managing financial operations for high-tech companies and as CFO and serves on multiple boards of directors.
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SOURCE Personal Capital