Personal Capital

Personal Capital | March 07, 2016

Two types of Millennial retirement stories tend to capture the public imagination. On one end are accounts of the frugal-genius who retired at 30 after paying off a Mount Everest of debt in a year. My colleagues Laura Shin and Lauren Gensler have covered these folks extensively and well. There is much to learn from such mavericks, but for most super-early-retirement is not a realistic choice....

Personal Capital | March 03, 2016

Personal Capital, the leading digital advice firm, today announced it has achieved $2 billion in assets under management (AUM), with one-third coming from clients with over $1 million in assets at Personal Capital. The average AUM per client is now $300,000. "Half of our clients are coming from traditionally advised relationships," said Bill Harris, CEO of Personal Capital. "We offer better technology, better financial planning, better portfolio construction, better service and lo...

PayPal | January 16, 2020

PayPal Holdings, Inc. (NASDAQ: PYPL) today announced that it processed a record $10.3 billion in donations to charities around the world in 2019, and more than $1 billion in the month of December alone, as mobile and other digital channels continue to change how donors engage with nonprofit organizations. Twenty-one percent of all donations processed by PayPal in 2019 were made through mobile devices. "Our efforts to drive social impact and create value for all of our stakeholders continue ...

BlackRock | January 15, 2020

BlackRock Inc.'s assets scaled $7 trillion for the first time, putting the spotlight on the world's largest money manager's growing reach. The investment giant took in $128.8 billion in net new money in the fourth quarter of 2019, where exchange-traded funds drew big inflows. That is up from the $49.8 billion in net flows in the year-ago period. BlackRock's quarterly net profits rose 40 percent to $1.3 billion. The company's fourth-quarter earnings of $8.29 a share exceeded W...