News, Vision & Voice for the Advisory Community


Acorns is raising $565 million to Robinhood-ize itself; lately, that includes self-direction options and buying fintechs

Combining a SPAC IPO raise of $400 million and a $165-million hedge fund placement, the Irvine, Calif.-based robo-advisor needs a reboot after nearly a decade grew AUM to only about $5 billion

Author Brooke Southall
May 29, 2021 at 12:27 AM
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Noah Kerner: We are not a grow-at-all-costs company.

Related Moves

Andres Garcia-Amaya taps two industry vets to guide Zoe Financial through the RIA referral market's rocky shoals, which have sunk more than one firm

Backed by a $2 million VC injection from JP Morgan and ex-BlackRock execs, the NYC startup appoints wirehouse veteran Robert Deutsch and Acorns' investment guru Chris Jones to board

October 9, 2018 at 8:55 PM

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