What
Software-based investment management.
Disrupting
Traditional brokerage companies, private banks and wealth managers.
What
Software-based investment management.
Disrupting
Traditional brokerage companies, private banks and wealth managers.
Headquarters: Palo Alto, Calif.
CEO: Andrew Rachleff
Year Founded: 2008
Number of Employees: 22
Funding: $30.5 million
Key Investors: Index Ventures, Greylock Partners, DAG Ventures and The Social + Capital Partnership
"A disruptive product addresses a market that previously couldn’t be served—a new-market disruption—or it offers a simpler, cheaper or more convenient alternative to an existing product—a low-end disruption. It is uneconomic for an incumbent to compete with either type of product, which is why it is such an important advantage."
Americans continue to worry about persistent inflation, ongoing market volatility and the possibility of a recession. Many are working to manage the impact on their retirement and savings. The implications of all this economic uncertainty, as well as changes in tax laws, bring new considerations for individuals and especially those retirees planning for and managing future finances.