"Personal Capital is delivering innovation to the wealth management industry that is long overdue," said Steve Harrick, General Partner at IVP, an investor in Personal Capital. "The company's growth is the result of an effective combination of state of the art technology with a trusted advisor for every client. Personal Capital takes the hassle out of investment management."
The average Personal Capital client invests over $300,000 with the firm, a substantially higher per client investment than the most well-known robo advisors as clients seek out Personal Capital's services to track towards more long-term financial goals. With the company's wealth management service, dedicated financial advisors help clients determine their financial goals, build personalized retirement plans and customize portfolios to meet their long-term goals. Personal Capital's clients benefit from a portfolio strategy tailored to their specific age and risk tolerance, a retirement readiness forecast, and an investment plan that is both cost and tax-efficient.
"We deliver peace of mind to all of our clients as we help them make big financial decisions, without up-selling them on products or services they don't need," Harris said. "Whether we're working with someone just starting out or clients in the high net worth category, our goal is to give anyone transparency over their money -- exposing previous advisory, broker and banking fees while providing access to affordable and actionable advice. With these tech-driven advances, traditional wire houses just can't keep up."
Today, more than 1.2 million people also track over $270 billion assets with Personal Capital's free app and award-winning dashboard. Personal Capital users are empowered by their ability to monitor the current state of their retirement accounts and investments 24/7. On average, a user aggregates 15 different financial accounts including 401(k) accounts, IRA accounts, loans, credit cards, savings and checking accounts. Active users log in on average 16 times per month to review their financial accounts.
For more information about Personal Capital's wealth management tools or to download the app on iOS or Android, 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 licensed 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.
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SOURCE Personal Capital