News, Vision & Voice for the Advisory Community


Rob Foregger sold his big co-founder stakes in Personal Capital and NextCapital and now he's putting the money to work -- and trying not to get worked up

The Stowe, Vt. entrepreneur is makng a 12-18 month push for MarketGrader as he upshifts as part of a bigger professed downshift

Author Oisin Breen May 3, 2023 at 5:15 AM
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Rob Foregger: MarketGrader may contemplate doing a growth round over the next 12 to 18 months.
Brooke Southall and Keith Girard contributed to the editing of this article.

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With fears rising that robo-advisors can disrupt $2-trillion target date fund universe, NextCapital raises fresh $30 million and wins five big customers, but can its software spur widespread TDF adoption?

TDFs are cash cows and asset magnets but also dumb robots in an era of smarter ones and the Chicago-based outsourcer is promising answers -- most recently to Franklin Templeton

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