People Moves Related to "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"
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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
