NextCapital: A New Leader In the $25 Trillion Digital Advice Market
February 10, 2014
Today, we are pleased to announce the launch of NextCapital Group, Inc. (NextCapital), a next-generation provider of personal, world-class, and affordable portfolio management services to all households.
NextCapital is the result of the recent combination of Business Logic Corporation and the NextCapital Group. The team has devoted more than ten years building out its industry-leading "open engine" advice, account aggregation and Defined Contribution (DC) managed account platform. NextCapital currently services over 50,000 clients and analyzes more than $22 Billion in investor assets every day.
"NextCapital is positioned to be a disruptive leader in the emerging $25 Trillion digital advice market," said John Patterson, CEO of NextCapital. "We have unique proprietary technology to provide automated personal guidance and portfolio management at a cost and scale that was previously impossible—both for the DC and retail investor markets."
NextCapital was co-founded by John Patterson, Dirk Quayle, Jon Hagen and Rob Foregger. This founding team of fin-tech pioneers has 70 years of combined experience, and built the first automated 401(k) managed account platforms, the first electronic financial advisor, and one of the first online banks. Our founders also founded Business Logic, EverBank.com and Personal Capital.
NextCapital is comprised of a seasoned team of financial analysts and software engineers skilled in the deployment of large-scale secure financial applications.
NextCapital provides solutions directly to retail investors and also works with multiple world-class financial institutions including a relationship with Russell Investments to provide a DC advisory solution and, through its NextCapital branded portfolio dashboard, a relationship with Dow Jones, Inc. to deliver a personal portfolio management dashboard service for the Wall Street Journal and Barron's subscribers.
About NextCapital
NextCapital is a leading provider of personal, objective, world-class, affordable portfolio management services to investors through our automated 401(k) managed accounts, account aggregation powered portfolio dashboard, and wealth forecasting solutions. We offer our services direct to investors and through leading institutional partners. NextCapital provides the Wall Street Journal Digital Network portfolio service, and Russell Investments' automated 401(k) retirement portfolio solution. Our team of fin-tech pioneers previously co-founded BusinessLogic, EverBank.com, and Personal Capital, and built the first automated 401(k) managed account platforms, the first electronic financial advisor, and one of the first online banks. Individual investors may find us at www.NextCapital.com and institutions may find us at www.NextCapitalGroup.com.
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Today, we are pleased to announce the launch of NextCapital Group, Inc. (NextCapital), a next-generation provider of personal, world-class, and affordable portfolio management services to all households.
NextCapital is the result of the recent combination of Business Logic Corporation and the NextCapital Group. The team has devoted more than ten years building out its industry-leading "open engine" advice, account aggregation and Defined Contribution (DC) managed account platform. NextCapital currently services over 50,000 clients and analyzes more than $22 Billion in investor assets every day.
"NextCapital is positioned to be a disruptive leader in the emerging $25 Trillion digital advice market," said John Patterson, CEO of NextCapital. "We have unique proprietary technology to provide automated personal guidance and portfolio management at a cost and scale that was previously impossible—both for the DC and retail investor markets."
NextCapital was co-founded by John Patterson, Dirk Quayle, Jon Hagen and Rob Foregger. This founding team of fin-tech pioneers has 70 years of combined experience, and built the first automated 401(k) managed account platforms, the first electronic financial advisor, and one of the first online banks. Our founders also founded Business Logic, EverBank.com and Personal Capital.
NextCapital is comprised of a seasoned team of financial analysts and software engineers skilled in the deployment of large-scale secure financial applications.
NextCapital provides solutions directly to retail investors and also works with multiple world-class financial institutions including a relationship with Russell Investments to provide a DC advisory solution and, through its NextCapital branded portfolio dashboard, a relationship with Dow Jones, Inc. to deliver a personal portfolio management dashboard service for the Wall Street Journal and Barron's subscribers.
About NextCapital
NextCapital is a leading provider of personal, objective, world-class, affordable portfolio management services to investors through our automated 401(k) managed accounts, account aggregation powered portfolio dashboard, and wealth forecasting solutions. We offer our services direct to investors and through leading institutional partners. NextCapital provides the Wall Street Journal Digital Network portfolio service, and Russell Investments' automated 401(k) retirement portfolio solution. Our team of fin-tech pioneers previously co-founded BusinessLogic, EverBank.com, and Personal Capital, and built the first automated 401(k) managed account platforms, the first electronic financial advisor, and one of the first online banks. Individual investors may find us at www.NextCapital.com and institutions may find us at www.NextCapitalGroup.com.
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