.jpg){kind=avatar}
.jpg){kind=avatar}
.jpg){kind=avatar}
A quick scan of the SEC's Investment Adviser Public Disclosure tools and some quick maths by these guys puts the total combined revenue of Wealthfront, Betterment and FutureAdvisor at US$8.1M per annum. Personal Capital, by contrast , makes $8.9M (calculated off a 0.89% fee on $1B of AUM).
{
Wealthfront: $1,702,872,811 AUM - Fees =0.25% Revenue = $4,257,182 Betterment: $1,105,081,259 AUM - Fees = 0.25% revenue = $2,762,703 FutureAdvisor: $232,124,148 AUM - Fees = 0.50% Revenue = $1,160,621 Total: $3.0B AUM and Revenue of $8.18M
unknownx500
More posts by Gareth Jones
Recent posts from News by FinTech Collective
