an advertisement . please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view . december 2015 learn how and when to remove this template message futureadvisor type private industry investment services founded 2010 headquarters san francisco california united states area served united states key people bo lu co founder ceo jon xu co founder cto products financial services asset management portfolio management aum 600 million 1 2 owner sequoia capital canvas venture fund devonshire investors number of employees 45 2015 3 website futureadvisor.com futureadvisor is a digital investment manager registered with the u.s. securities and exchange commission and based in san francisco . founded in 2010 the company is reported to have 600 million in assets under management . 1 2 4 among its investors are sequoia capital canvas venture fund and devonshire investors the private investment arm of the owners of fidelity . 5 on wednesday august 26 2015 futureadvisor announced its intent to be acquired by blackrock . 6 contents 1 product 2 college investments 3 methodology 4 history 5 references 6 external links product edit like other robo advisors futureadvisor automates portfolio management with software that adjusts for investors age and risk appetite . 7 robo advisors apply modern portfolio theory the black litterman model and other algorithms to manage investments passively much like a traditional financial adviser . they adjust asset allocation according to notions of a balanced portfolio rather than pursuing active strategies like market timing stock picking and value investing . futureadvisor manages assets directly across multiple fidelity investments or tdameritrade brokerage accounts and iras . 8 college investments edit futureadvisor manages tax advantaged educational investment accounts such as 529s coverdell esas utma ugmas for free . 9 the company has a financial planning service that helps investors estimate the price of college tuition for their children . it also helps them select and create educational savings accounts online and manage those investments until the day the funds need to be used for college or other educational expenses . in addition futureadvisor automates the monthly contributions to those accounts as well as the disbursement to schools when the child attends college . 10 methodology edit futureadvisor uses index funds and low fee exchange traded funds to create portfolios that adhere to modern portfolio theory . under mpt the proportion of assets allocated to foreign and domestic equities bonds and real estate investment trusts should vary according to an investor s age and risk appetite . history edit co founders jon xu and bo lu futureadvisor was founded by two former microsoft engineers bo lu and jon xu in seattle . the company graduated from the incubator ycombinator in 2010 took 1 million in seed funding and raised 5 million in series a funding from sequoia capital in 2012 . canvas venture fund led futureadvisor s series b round worth 15.5 million in 2014 . 11 references edit a b online ria sets sights on mass affluent . financial planning . 2014 . retrieved november 14 2014 . a b investment adviser public disclosure . u.s. securities and exchange commission . 2012 . shieber jonathan may 21 2014 . wealth management startup futureadvisor raises 15.5 million . techcrunch . we asked 4 robo advisers and 4 human advisers for portfolios for the same investor . dow jones marketwatch . 2015 . retrieved april 22 2015 . fidelity investments forges alliance with low cost player . the new york times . 2014 . retrieved november 14 2014 . announcement blackrock acquires futureadvisor . 1 lieber ron april 12 2012 . financial advice for people who aren t rich . new york times . p. b1 . chapman lizette may 21 2014 . futureadvisor raises 15.5 m to bring automated financial advice to masses . wall street journal . malito alessandra . robo adviser jumps into college savings market . investmentnews . retrieved 11 december 2015 . moyer liz . robo adviser tackles college savings . wall street journal . retrieved 11 december 2015 . sanati cyrus may 21 2014 . how futureadvisor plans to shake up wealth management . fortune . external links edit official website v t e private equity and venture capital basic investment types buyout venture mezzanine growth secondaries equity co investment history history of private equity and venture capital early history of private equity private equity in the 1980s private equity in the 1990s private equity in the 2000s terms and concepts buyout financial sponsor management buyout divisional buyout buy sell agreement leveraged recapitalization dividend recapitalization venture angel investor business incubator post money valuation pre money valuation seed money startup company venture capital financing venture debt venture round structure private equity firms and funds limited partnership limited liability company carried interest management fee publicly traded private equity business development company venture capital trust private investment in public equity pipe pledge fund investors corporations institutional investors pension funds insurance companies fund of funds endowments foundations investment banks merchant banks commercial banks high net worth individuals family offices sovereign wealth funds crowdfunding related financial terms aum cap table capital call capital commitment capital structure distribution waterfall ebitda envy ratio high yield debt ipo irr leverage liquidation preference m & a pme taxation of private equity and hedge funds undercapitalization vintage year private equity and venture capital investors private equity firms venture capital firms angel investors portfolio companies v t e y combinator companies 7 cups of tea 80 000 hours 9gag airbnb algolia buttercoin canopy labs cleartax codecademy cofactor genomics coinbase creative market cymmetria disqus dropbox easypost fullstack academy futureadvisor gigster gocardless goldbely gusto heroku hipmunk homejoy icracked instacart justin.tv kickback lendup loopt lumi meadow newsblur octopart omgpop one month optimizely ownlocal pebble podium.co product hunt quartzy reddit renthop scribd smartasset songkick standard treasury streak strikingly stripe survata swiftype true link upverter urx voat watsi webflow weebly wepay workflowy wufoo xobni zenefits zerocater category full list retrieved from https en.wikipedia.org w index.php title futureadvisor & oldid 743698602 categories companies based in san franciscocompanies established in 2010financial services companies of the united statesy combinator companiesprivately held companies in the united statesfinancial services companies based in californiainvestment management companies of the united states2010 establishments in californiaonline companiesfinancial technologyfinancial marketsfinancial servicesweb applicationsfinancial advisorshidden categories articles with a promotional tone from december 2015all articles with a promotional tonepages using infobox company with unsupported parameters navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 10 october 2016 at 19 39 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view