PRESS RELEASE (BOSTON) June 13, 2013 — Covestor, an online marketplace for investing, announced today it has raised $12.75 million in a Series B financing round. Investors in the round included Union Square Ventures, Spark Capital, Amadeus Capital Partners, and Bay Partners. The Series B financing brings the total capital […]
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Private Client Consultant Kimberly Clouse on the changing demographics of American wealth and how advisors should address it.
The Associated Press ran a profile of Friday of fellow investing startup Motif Investing. The profile mentions Covestor among other innovators in the space: Motif is among a small number of young companies trying to challenge traditional investment advisory firms through novel uses of the Internet and social networking. Others […]