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Pontera raises $80m in growth funding

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."

Tags

retirement, financial advisors, 401k