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Amid growth slowdown, Personal Capital lists with an investment bank but critics debate if it means 'blood in the water'

Bill Harris has done things his way until now but may hand over control to a giant for a $500 million payday

Friday, December 11, 2015 – 10:58 PM by Lisa Shidler
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Sources say that Bill Harris is testing the M&A market to appease directors.

Related Moves

Ashley Arrington is leaving Fidelity for one of its hottest RIA clients, but she'll have to start cold in Nashville to keep her and her boss in the giant's good graces

Boston 'big three' custodian's no-compete agreement will force her to leave behind clients, but it's a small price to pay for a new opportunity and equity in a top RIA.

July 29, 2022 – 2:28 AM

Walt Bettinger sheds 'president' title and Bernie Clark gets new boss as Schwab appoints Rick Wurster as president and No. 2 in charge

The Schwab CEO gets 2016 'Windhaven' hire to share burden of governance from enormity of $8-trillion post-TDA, post-USAA, post-Motif growth.

December 20, 2021 – 11:59 PM

With IPO clock at 10-years and ticking, Personal Capital makes two big, out-of-character moves to go upmarket and downmarket

With $9 billion in assets, the Redwood City-based national RIA hired the ex-Virgin America CMO Porter Gale to make one brand investors associates with both the freebie tools and the full-priced financial advice its advisors provide mostly from call centers

March 22, 2019 – 7:55 PM



December 12, 2015 — 3:37 AM

Thanks, nice addition and timely in light of Third Avenue and after hours Stone Lion too with redemption concerns.
Appears the old bigger they come bigger they fall phenomenon might be at work. Be watching this one to see which way it plays out. Outcome could help indicate just how brave any deep pockets are willing to go.

Bill Winterberg

Bill Winterberg

December 13, 2015 — 3:29 PM

So, how’s that “great strength” user-acquisition funnel working out?

“@PersonalCapital I really like your self-service tools, but I’m ready to close my account because you guys call me every week! #optout”


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