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AnaCap to acquire Wealthtime
AnaCap Financial Partners, a European financial services private equity firm, is acquiring the wealthtech platform, Wealthtime, as the initial investment in a sector growth and consolidation strategy.
Founded in 2006, Wealthtime consolidates investment portfolios and financial assets of individuals seeking advice from Independent Financial Advisers into one easy to use online service offering.MORE >>>
“I’m sure my grandson would rather inherit my wealth in USD.” – Warren Buffett said after receiving his first Bitcoin from Tron founder Justin Sun.
Betterment is the “best robo-advisor for new investors”
Beginner investors considering using a robo-advisor have no shortage of options, with digital upstarts like Wealthfront and Ellevest competing with the old guard of Vanguard and Fidelity to invest your money. But the best option for newbies is Betterment, a new report by Backend Benchmarking, ‘The Robo Ranking’ finds.MORE >>>
Events on Our Radar
VENTURE SUMMIT | WEST
Hyatt Regency San Francisco Airport | Burlingame, CA
March 6th – 7th, 2020
Where Innovation Meets Capital
The 7th annual Venture Summit | West, presented by youngStartup Ventures, is the premier industry gathering connecting private equity ecosystem.
There’s now a record number of 401(k) and IRA millionaires
Fidelity, the largest 401(k) provider in the United States, released its quarterly analysis Thursday. The report on retirement trends has become increasingly relevant as baby boomers retire in record numbers.
The study found a record 441,000 IRA or 401(k) accounts Fidelity manages had balances of $1 million.MORE >>>
10 Predictions About Wealthtech in 2020
Wealthtech, like all of the finance world, is rapidly changing. New apps, technology, and solutions are introducing a golden age of innovation. What exactly is coming next in 2020? Xtiva, a sales performance management software, talked to 20 of the top wealthtech influencers to determine what’s on the horizon for Wealthtech trends in 2020.MORE >>>
“We look at the power of ESG as a risk-mitigation tool,” says Conor Platt, the CEO of Confluence Analytics, which specializes in ESG data analytics and investment strategies.
How passive investment dulls the green wave – FT
Ecological activists have a major issue. In spite of chalking up a series of triumphs, campaigners attempting to spare the planet by persuading financial specialists to discard petroleum stocks are in danger of seeing their endeavors squashed by the index fund growth.MORE >>>