Northwest Mutual to Acquire Robo-Advisor LearnVest - Professional Financial Advisor

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Northwest Mutual to Acquire Robo-Advisor LearnVest

Saturday, Mar 28 2015

News Roundup

Written by PFA News

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Northwest Mutual plans to purchase robo-advisor LearnVest, which is a young firm that many believe has increased the popularity of online advice platforms. So reports FierceFinanceIT.

Neither firm disclosed the selling price, but an unnamed source says the price tag exceeds the $250 million value that LearnVest claimed it was worth during a fundraising roadtrip last spring.

Read the full article from FierceFinanceIT.

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