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September 20, 2011 03:50 pm GMT

Former Intuit CEO Bill Harris Launches Personal Capital

Personal capitalBill Harris has spent his entire career at the nexus of the financial and technology industries, first as the CEO of Intuit, then PayPal, and then as an investor over the past decade. Now he is bringing all of his experiences together in his latest startup Personal Capital, which is launching today after two years in development with 40 employees and $27 million in capital. (He explains the concept to me in the video above). Personal Capital connects to all of your personal financial accounts from banks, brokerages, and 401(k)s to mortgages, credit cards, and loans. It presents your financial life in easy to read charts and graphs like Mint, except that its overarching goal is to help you come up with the best asset allocation and convince you to manage your money through one of its financial advisers.

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