4 ms·
470k accounts and $27B AUM, ~$60k per account. @ 25bps that would be ~$70M revenue but there is some discounting so it is probably closer to $60M 2021 was a g
by smohnot 5y ago
470k accounts and $27B AUM, ~$60k per account.
@ 25bps that would be ~$70M revenue but there is some discounting so it is probably closer to $60M
2021 was a good year for the market, a great time to be acquired.
They raised in 2014 @ $750M then 2017 @$500M