InvestmentPOD Receives Strategic Investment from the ScratchWorks FinTech Accelerator
Innovative, multi-strategy automated investment platform featured in Season 1 of ScratchWorks inks deal with prominent multi-billion dollar RIA investors Mariner Wealth Advisors, Covenant, and Brighton Jones
WASHINGTON, July 18, 2018 /PRNewswire-PRWeb/ -- InvestmentPOD for Advisors, the industry's first digital advice platform to offer multi-strategies, announced today that the company has received a strategic investment from the ScratchWorks Fintech Accelerator.
Investment POD is the first multi-strategy, automated investing platform offering advisors white-labeled robo automation with high net worth sophisticated asset and strategy diversification. Advisors are able to automate their trading and rebalancing process and deliver multiple solutions, above just buy and hold, which has been the typical offering of the current crop of robo advisors.
InvestmentPOD combines the sophisticated HNW investor requirements for asset and strategy diversification with robo automation, making InvestmentPOD truly unique in the wealth management industry, garnering multiple award recognition through the highly prestigious wealthmanagement.com Industry Awards program as a finalist in the disruptor and robo advisor categories over multiple years.
ScratchWorks is a new FinTech Accelerator that connects innovative tech companies with investment and wealth management luminaries to advance the digital transformation of the financial services industry.
Earlier this year, ScratchWorks held its inaugural live event at the Barron's Top Independent Advisors Conference featuring three top FinTech companies, pitching their business models and platforms as potential investment opportunities to the five luminary founders of ScratchWorks: Mariner Wealth Advisors, RMB Capital, Covenant, Brighton Jones, and The Colony Group. Collectively, these five leading RIAs manage over $60 billion in AUM for high net worth clients.
The ScratchWorks' investors were impressed with the opportunity to partner with InvestmentPOD and have since worked out a strategic investment to help fuel the growth of InvestmentPOD.
"We were extremely thrilled and honored to make it to the finals of the ScratchWorks accelerator," said Jacqueline Ko Matthews, CEO and co-founder of InvestmentPOD. "The idea of these five leading firms coming together to create opportunities for firms like us is very inspiring and now with this strategic investment, we will be able to grow and expand InvestmentPOD to the entire RIA industry."
InvestmentPOD will use the investment from ScratchWorks to further build out development resources, hire new talent and invest in emerging technologies to become the go-to resource for RIAs to automate and expand their investment management services through the InvestmentPOD technology platform.
"We founded ScratchWorks to identify early-stage FinTech companies that showed a lot of promise to help transform the wealth management industry," said Marty Bicknell, CEO of Mariner Wealth Advisors. "InvestmentPOD stood out to us as one of the most innovative technology platforms in the automated investment space and we are very excited to become strategic investors and partners with InvestmentPOD."
Season 2 of ScatchWorks will kick off this Fall with a call for nominations from the FinTech community of early stage companies to showcase their platform in hopes of being selected to pitch their company for investment at the finals of ScratchWorks in March 2019.
To learn more about InvestmentPOD, please log onto http://www.InvestmentPOD.com.
To learn more about the ScratchWorks FinTech Accelerator, log onto http://www.Scratch.Works.
About InvestmentPOD:
InvestmentPOD was founded by illustrious Wall Street pioneers who identified the need for advisors to be able to deliver both traditional and alternative strategies via advanced technologies. With a highly credentialed staff of PhDs, CFPs, researchers, developers and engineers, InvestmentPOD is designed to be a comprehensive, white-labeled platform advisors can leverage to provide sophisticated investing strategies to their clients, while benefitting from the power of automation and operational efficiencies. InvestmentPOD is a graduate of the SixThirty FinTech accelerator, a finalist at the inaugural ScratchWorks fintech accelerator as well as the Prosper Women's Accelerator, has won multiple industry awards and its CEO and co-founder, Jacqueline Ko Matthews was recently recognized by BBVA as one of the "12 Women Leading the Way in the FinTech World." To learn more, log onto http://www.InvestmentPOD.com
About ScratchWorks
Founded by five leading independent RIAs, ScratchWorks is a FinTech Accelerator that connects innovative tech companies with investment and wealth management luminaries to advance the digital transformation of the financial services industry.
Mariner Wealth Advisors, RMB Capital, Covenant, Brighton Jones, and The Colony Group are each an investment adviser registered with the Securities Exchange Commission (SEC). Registration with the SEC does not imply any level of skill or training. For additional information about any of these registered investment advisers, including fees and services, you can visit their websites or refer to the Investment Adviser Public Disclosure website (http://www.adviserinfo.sec.gov).
SOURCE InvestmentPOD
Share this article