BlackRock Acquires Sequoia-Backed FutureAdvisor

BlackRock, the world’s largest asset manager, is acquiring FutureAdvisor, a five-year-old, San Francisco-based online financial advisory firm that aims to help people manage their existing IRAs, 401(s) and other investment accounts. Terms of the deal aren’t being disclosed, but FutureAdvisor had raised $21.5 million from investors, shows Crunchbase. A Y Combinator alum, the… Read More...