Personal Capital, the digital wealth manager, has crossed another milestone: one billion dollars in assets under management. This caps a year of rapid growth, with total assets growing to more than three times the level at the beginning of the year.
So, what’s this about one billion dollars? It’s proof that many American families want what you want – a new and better way to manage their money. As of the new year, we now manage one billion dollars of investments for our clients. That’s triple the amount we managed at the start of 2014. A billion dollars is a lot of money. It represents the lifetime savings of thousands of households. And it’s evidence that many of you are ready for something different than the old way of doing things.