Cambridge Savings Bank has entered the retail wealth management market via a partnership with SigFig, the robo-wealth management platform. Under the agreement, SigFig, which recently raised about $3 million to fund its expansion plans, serves as registered investment adviser on the bank’s “ConnectInvest” platform.
Cambridge Savings Bank has entered the retail wealth management market via a partnership with SigFig, the robo-wealth management platform. Under the agreement, SigFig, which recently raised $40m to fund its expansion plans, serves as registered investment adviser on the bank’s “ConnectInvest” platform.