Sacramento -based FTV Capital has raised more than $2.7 billion in a funding round to expand its Autopilot robo-platform for advisers and other products such as Compliance Cloud data analytics. The award-winning company claims its unique digital offering significantly improves the "advisor's ability to qualitatively measure a client's risk profile and build a portfolio that accurately reflects that profile". “When advisers are manually executing trades and handling paperwork, that’s not being a fiduciary,” Mr. Klein said. Compliance Cloud backer FTV Capital will take "a very minority" stake in the company.
Sacramento -based FTV Capital has raised more than $2.7 billion in a funding round to expand its Autopilot robo-platform for advisers and other products such as Compliance Cloud data analytics. The award-winning company claims its unique digital offering significantly improves the "advisor's ability to qualitatively measure a client's risk profile and build a portfolio that accurately reflects that profile". Compliance Cloud backer FTV Capital will take "a very minority" stake in the company.