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This article is from January 2016, by the way.
by krallja 10y ago
This article is from January 2016, by the way.
- fullshark 10y agoMakes sense, is there any data from 2017?
- krallja 10y agoBetterment has $8B as of March 16, 2017: SEC form ADV page 8, "Regulatory Assets under Management" https://www.adviserinfo.sec.gov/IAPD/content/ViewForm/crd_iapd_stream_pdf.aspx?ORG_PK=149117 https://www.adviserinfo.sec.gov/IAPD/content/ViewForm/crd_ia... edit: Wealthfront $5B https://adviserinfo.sec.gov/IAPD/content/ViewForm/crd_iapd_stream_pdf.aspx?ORG_PK=148456 https://adviserinfo.sec.gov/IAPD/content/ViewForm/crd_iapd_s...
- fullshark 10y agoThanks. That seems healthy but not enough based on this blog's conjecture. I'd guess they are eventually acquired if I were to bet on their future.
- krallja 10y agoI think acquisition is a totally legitimate exit strategy, as long as they're aware of the direction they are heading.
- asr 10y agoAlways great when someone is willing to go out and collect actual info -- this comment was worth more than the article. Thank you!