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August 26, 2015 06:52 pm GMT
BlackRock, the world’s largest asset manager, is acquiringFutureAdvisor, a five-year-old, San Francisco-based online financial advisory firm that aims to help people manage their existing IRAs, 401(s) and other investment accounts. According to the Financial Times, FutureAdvisorwas picked up for between $150 million and $200 million. The companyhad raised $21.5 million from… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/RIdChn2iJZs/
BlackRock Acquires Sequoia-Backed FutureAdvisor
BlackRock, the world’s largest asset manager, is acquiringFutureAdvisor, a five-year-old, San Francisco-based online financial advisory firm that aims to help people manage their existing IRAs, 401(s) and other investment accounts. According to the Financial Times, FutureAdvisorwas picked up for between $150 million and $200 million. The companyhad raised $21.5 million from… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/RIdChn2iJZs/
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