Empower Retirement to Buy Personal Capital

Text size Lovelyday12/Dreamstime Empower Retirement, the nation’s second-biggest retirement plan record keeper (Fidelity is No. 1), is buying Personal Capital, a digital RIA that offers varying levels of access to human financial advisors. Newsletter Sign-up Advisor Center Barron’s scans the world’s major publications each day to find news that helps […]

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Fintech Personal Capital Sells To Canadian Insurer For $825 Million Plus Contingency Bonus

Sun Jul 26 , 2020
Jay Shah joined Personal Capital in 2009, the same year it launched, and became CEO in 2017. Personal Capital Personal Capital, the San Francisco fintech that lets people invest in automated portfolios of stocks and bonds, is being bought by Empower Retirement for $825 million upfront, plus $175 million if […]