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California based digital wealth management platform Personal Capital has raised $40m in Series E funding led by IGM Financial. Personal Capital combines online financial tools with registered financial advisor expertise to enable people to understand, manage and grow their net worth.
The company, which now has $4.9 billion in assets under management, intends to use the funds to expand product development and marketing and scale its advisory force in multiple markets including Dallas, Atlanta, New York, greater Los Angeles and Chicago, while also expanding offices in San Francisco and Denver.
http://www.finsmes.com/2017/08/al-personal-capital-secures-additional-40m-in-funding.html
