Personal Capital, the third biggest independent robo advisor by assets, has hired a private equity firm to evaluate its financial options, sparking speculation the firm may be seeking a suitor.
Launched by former PayPal and Intuit head Bill Harris, Personal Capital has amassed $1.8 billion in AUM with a hybrid robo approach that until very recently targeted a wealthier client than its digital brethren Betterment or Wealthfront.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access