(Bloomberg) -- TIAA, the provider of insurance and retirement products that oversees more than $860 billion in assets, bought MyVest, a San Francisco-based wealth management technology firm that assists broker-dealers and banks.
MyVest has worked with TIAA since 2009 and will continue to collaborate across TIAA’s product line, the New York-based buyer said in a statement that didn’t disclose terms. MyVest uses a cloud-based software-and-services platform to provide personalized investing information and advice for savers, advisers and wealth-management firms.
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