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Press

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March 29, 2022
Goldman Sachs to Acquire NextCapital Group
Our vision for the future of the retirement savings market is aligned with the team at Goldman Sachs: technology that can create a differentiated experience combined with a strong culture and focus on clients forms a powerful offering for our clients and the individuals they serve. We can leverage the resources of a global financial services firm to continue to scale our platform and offer it to new third party institutional clients and Goldman Sachs’ broader wealth management organization.

- John Patterson, CEO and Co-Founder, NextCapital
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March 21, 2022
NextCapital Completes SOC 2 Examination, Reinforcing Its Commitment to Data Security and Compliance
Clients can be confident that we’re fully invested in establishing and maintaining the highest standards of security and compliance to ensure the confidentiality, integrity, and availability of NextCapital and partner information assets.

- Stone Zhou, Information Security Manager, NextCapital
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May 11, 2021
Resources Investment Advisors pairs with NextCapital to Expand Workplace Managed Advice Reach
We are thrilled to partner with Resources to help them more scalably deliver personalized retirement advice to their plan participants," said NextCapital Co-founder and CEO John Patterson. "With over 90% of all plan sponsors working with an advisor, it is clear how critical they are to the retirement ecosystem and to helping participants achieve successful outcomes in retirement.

— John Patterson, CEO and Co-Founder, NextCapital
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February 2, 2021
Prudential to launch new managed advice platform, powered by NextCapital
We are excited Prudential has selected NextCapital’s managed advice platform to help power personalized advice and retirement planning to its 3.2 million retirement savers through their workplace retirement plans ... Prudential is in a unique position to help shape the future of the $8 trillion defined contribution market, which is increasingly focused on meeting consumer demand for more customization through large-scale technological innovation.

— Rob Foregger, Vice President and Co-Founder, NextCapital
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January 26, 2021
NextCapital Names New Chief Investment Officer to its Executive Leadership Team 
“I joined NextCapital because I believe that digital advice will be the foundation for a better future for retirement, and that this organization is positioned to make that a reality.

​​​— Mike Sebastian, Chief Investment Officer, NextCapital
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January 12, 2021
NextCapital Honored as one of the Best Places to Work in Chicago
The annual awards include companies of all sizes, from startups to the enterprise, nationally and in the eight largest tech markets ... This is the second consecutive year that NextCapital has appeared on the publication’s esteemed Best Places to Work lists.

Recent stories

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November 1, 2021
Choose Your Own Career Adventure With These Chicago Companies​​
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May 12, 2021
Customer Success Hinges on a Proactive Approach. Here's How These Pros Adopt One. 
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February 11, 2021
Prudential Retirement Launches Digital Managed Advice Platform
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February 3, 2021
Prudential taps NextCapital in managed account push
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February 2, 2021
​Prudential to Launch New Managed Advice Platform
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February 2, 2021
​NextCapital gets managed-accounts deal with Prudential
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February 2, 2021
Prudential to launch new managed advice platform, powered by NextCapital
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February 2, 2021
Prudential to launch new managed advice platform, powered by NextCapital
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December 4, 2020
​NextCapital Welcomes Two Executives to Its Leadership Team
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October 6, 2020
Scott David and Arthur Lev Join NextCapital's Board of Directors
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September 22, 2020
NextCapital Receives $30 Million Growth Investment Led by Francisco Partners
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October 14, 2020
Bank on It Podcast - Episode 357 Rob Foregger from NextCapital
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October 2, 2020
Chicago startups raised $225M in September
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​September 25, 2020
Robo-adviser NextCapital raises $30 million
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September 23, 2020
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?
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September 22, 2020
​NextCapital Just Raised $30M to Grow Its Digital Financial Advice Platform
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September 22, 2020
​Akin Gump Advises Francisco Partners in NextCapital Financing
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September 22, 2020
​NextCapital Raises $30M in Growth Funding
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September 16, 2020
Franklin Templeton Combines Award-Winning Research with Machine Learning in New Goals Optimization Engine
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September 1, 2020
Ascensus Announces Expansion of Personalized Advice and Managed Account Services
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August 10, 2020
3 Concrete Ways Tech Companies Can Accommodate Working Parents
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July 8, 2020
Empower’s Personal Capital acquisition highlights convergence of wealth and retirement
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June 17, 2020
Ambitious Firms Seeking Vertical Integration in the Financial Services Industry
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May 14, 2020
​MassMutual and NextCapital Offer Managed Advice Solution
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May 11, 2020
MassMutual Teams With NextCapital on Retirement Solution: Tech Roundup
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May 11, 2020
New Personalized ‘Manage My Retirement’ Service Now Available From MassMutual and NextCapital to Help Deliver Better Retirement Outcomes
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February 25, 2020
​Financial Services Consolidation Continues in 2020
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February 20, 2020
The RIA Uncertainty in Morgan Stanley’s $13 Billion E*Trade Deal
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February 20, 2020
News of E*TRADE Acquisition by Morgan Stanley Raises Anti-Trust Stakes
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January 13, 2020
NextCapital Featured on Built In’s 2020 List of Best Places to Work in Chicago
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December 19, 2019
Schwab moves beyond millennials with new robo feature
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November 20, 2019
NextCapital Exceeds $2 Billion in Assets on Industry-Leading IRA Rollover Platform
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October 17, 2019
What Real Change for Women in Tech Looks Like at 5 Chicago Companies
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​October 8, 2019
​Full-blown, dirt-cheap retirement robos lay siege to 'antiquated' target-date-funds (TDF) market; even defender of the 401(k) citadel, Vanguard, sees handwriting on the wall
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August 27, 2019
Robo-advisers are dead. Long live digital advisers
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August, 20, 2019​
​Ascensus Selects NextCapital to Develop More Personalized Investment Options to Better Address Client Needs and Improve Retirement Outcomes
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​April 1, 2019
Ellevest Arrives at End of $33 Million 'Marathon'
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March 5, 2019
​Envestnet MoneyGuide deal will have a massive impact on the advice industry​
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March 12, 2019
​20 amazing tech companies hiring in Chicago​
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January 28, 2019
​Acorns raises $105M, partners with CNBC
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January 17, 2019
​Fintech isn't just for kids​
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January 10, 2019
​Robo Advisors, Macy’s Slump, China’s Economy (Podcast)

Stories from 2018

Benefits Pro logo
December 21, 2018
​Expect more fintech M&A in 2019​
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October 5, 2018
​Jobs Report: Chicago Tops Nation In Hiring For Social Studies Teachers And More
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September 27, 2018
​New Jersey Plans Fiduciary Rule for Broker-Dealers​
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July 25, 2018
​The rise of wealthtech​
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July 6, 2018
8 Easy Ways to Make Money
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June 19, 2018
​Getting banks to break up with their vendors: SigFig wants in
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June 6, 2018
​Bloomberg Markets: Foregger on Transition to Digital Advice
Barron's logo
May 2, 2018
​For Edelman and Financial Engines, 5 Great Expectations
Crain's Chicago Business logo
April 12, 2018
​Chicago venture funding still on a hot streak​
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April 11, 2018
​Talking Financial Data Portability With Digital Expert Rob Foregger
Built In Chicago logo
March 22, 2018
​From day one: How 6 Chicago companies set new hires up for success
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March 10, 2018
​30 young venture capitalists in New York tech to watch
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February 20, 2018
​Start Here Ep. 8: Rob Foregger/NextCapital
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February 9, 2018
​20 companies hiring like crazy in February​
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February 7, 2018
​Unknown San Francisco 401(k) robo with famous backers gets $11 million more in VC funding—and an interesting brand
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February 3, 2018
The dealmakers financing top adviser technology​
Financial Planning logo
January 10, 2018 
NextCapital builds digital advice, without the drama
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January 5, 2018
More funding for Robo-advisers doesn't quell skeptics
Built In Chicago logo
January 5, 2018
It takes a village: VillageMD rings in 2018 with $80M in new funding
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January 4, 2018
​Term Sheet — Thursday, January 4
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January 4, 2018
NextCapital Adds $30 Million in Funding
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January 4, 2018
​NextCapital Raises $30 Million In Series C Financing
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​NextCapital Software, Inc., and NextCapital Advisers, Inc., are wholly owned subsidiaries of NextCapital Group, Inc. NextCapital Advisers is registered with the SEC as an investment adviser. When you use this website, you accept our Terms of Service and Privacy Policy. NextCapital does not guarantee results. All investments involve risk and may result in loss. Past performance does not guarantee future results. Historic returns, projected returns, and probability of investment outcomes may not reflect actual future results.
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