New York based retirement account management platform for financial advisors raised $80m in growth funding led by Lightspeed Venture Partners.
"There are tremendous benefits to advisor management of held away accounts, including 401(k)s. Third-party studies have found that a professionally managed 401(k) account can outperform a self-directed account by more than 3% annually, even after accounting for fees."
https://finance.yahoo.com/news/fintech-feex-secures-80m-investment-120000845.html