Entrepreneurs are popping out of garages everywhere to provide free digital portfolio readouts in a way that the JP Morgan’s of the world can’t even do with all their resources. Take the case of NextCapital. The company’s co-founder Dirk Quayle cites his company’s advancements in asset aggregation and reporting to explain why his online financial company is administering $25 billion at a time when most of the pejoratively labeled “robo-advisors” are only dreaming of gathering their first $1 billion.

http://www.riabiz.com/a/4951015296073728/how-one-robo-advisor-got-25-billion-on-its-platform-a-mintcom-mindset-401k-friendliness-a-merger-and-16-years-of-work