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Articles tagged "Facet Wealth"


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Jason Wenk: It was a mutual decision.

Altruist is CTO-less, for now, quasi-intentionally, it says • Ex-rival exec hired to jumpstart cross-selling Orion products to enterprise clients • BlackRock tops Grayscale • Facet outsources estate plans • Advyzon profits off Goldman exodus • Dan Wiener's RIA has new CEO • CFP count tops 100k

Shiralker out at Altruist • Orion gives Trevor Noble his cause • Bitcoin has a new fund king • Software maker benefits from Goldman custody exec. churn • Carson Group denies lawsuit • Merge of Wiener's old shop complete • 100,000th CFP named.

June 7, 2024 at 1:44 AM

Ritik Malhotra: We're heads down ... [for better software and lead gen].

Savvy raises fresh $11 million from VC backers to fuel an RIA-on-steroids craze that could scale the wall of doubt of RIA experts and eclipse robo-advisors

The unsolicited California cash bought into the New York City startup's vision and early success in attracting advisors, their assets and a disdain for legacy software inconveniences.

November 12, 2022 at 2:38 AM

Anders Jones: We can help [ RIA clients] get the right coverage.

Facet Wealth throws a lifeline to struggling 'insurtech' firm amid an industry shakeout; Facet is delivering a mother lode of referrals and asking nothing in return

Policygenius does the heavy lifting and keeps commissions, but the national RIA has 500 CFP-administered financial plans that include executed insurance policies for younger clients.

August 2, 2022 at 1:47 AM

Anders Jones touts Facet's advice software and its subscription model.

Facet grows '10X,' hits $1 billion in AUM, reaps $100 million C-round, largely from DoorDash backers, and calls itself a 'fintech' company that happens to give advice by CFP

The Baltimore RIA had only raised $65 million in its first five years but jumped its overall haul to $165 million after its growth rate held up

January 20, 2022 at 2:52 AM

Anders Jones: We didn’t ask ‘what can we cherry pick from Vanguard, Kitces, Learnvest, et al., but instead… ‘what does the ideal model look like.'

Facet Wealth is doubling in size every six months with subscription model, on-the-job training, no central offices and a rising belief it can be the 'next Fidelity'

With Warburg Pincus spigots flowing, the Baltimore-based $502-million AUM RIA does its part by keeping overhead radically low and worker care high.

March 26, 2021 at 12:21 AM

Anders Jones:  We're looking to double -- and double again.

Facet Wealth fast-forwards five years in last five months and gets a 'next-Schwab' nod and fresh $25 million from (owner) Warburg

Under its 33 year-old CEO, the Baltimore firm is selling planning subscriptions to corporations and scraps criticized too-clever M&A

October 1, 2020 at 6:45 AM

Tyler Craig: I played an integral role in helping to scale [Vanguard Personal Advisor Services'] clients and advisor workforce. Facet has an ambitious growth plan and, in terms of the experience of leading a fast-growing planning team, they wanted to find someone who had already [done it].

Facet Wealth gets Vanguard's RIA man in Arizona with hopes he can replicate the fund firm's $115-billion success--before burning through Facet's VC backing

Fresh off 27 new hires, 400 new clients, $47 million in fresh assets, Facet CEO Anders Jones knows he needs one hire for new AUM and new CFPs in grand measure

April 3, 2019 at 2:22 AM

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