Personal Capital announced that it has raised $50 million in a Series F funding round led by IGM Financial, the largest investor and member of the Power Financial Corporation group.
In addition to growing assets and user-base, Personal Capital has continued to develop innovative personal finance technology with the launch of Smart Withdrawal™, a personalized, tax-efficient, and interactive withdrawal strategy planner for retirement. The company also announced a partnership with Alight Solutions and AllianceBernstein to create WealthSpark™ that will provide American workers with holistic, personalized insights to their finances through Personal Capital's best-in-class technology.