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After being 'blown away' by AdvisorPeak's engineering prowess, Addepar is buying the company to arm its clients with automated rebalancing software

The 12-year old Mountain View, Calif., performance reporter, with $3 trillion plus of adminstered assets, is buying the 18-person, third-year startup to apply to its 600 clients.

Author Brooke Southall October 22, 2021 at 3:03 PM
2 Comments
no description available
Eric Poirier: We admire what they've built.

Technology


Tom Van Horn

Tom Van Horn

October 23, 2021 — 10:59 PM
I love seeing when good things happen to good people. I've know Pete and Damon a long time and there is no better duo around when it comes to understanding the challenges a professional investment adviser faces in the Portfolio Rebalancing and Trading arena. Congrats to the entire team! I can't wait to see you take things to the next level.
Brian Murphy

Brian Murphy

October 24, 2021 — 8:00 PM
Congrats to the team at AdvisorPeak. May the best days be ahead of you!

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October 26, 2022 at 1:12 AM

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February 23, 2022 at 12:09 AM

Surfing a $15-billion-a-week asset growth meteor, Addepar CEO Eric Poirier hires an owner as president to achieve 'escape velocity' and keep operations from flaming out

Addepar is fast nearing $3 trillion, it says, after a 50% RIA asset spike in 2020. Now an Addepar owner through Valor Equity Partners is stepping in to safeguard or supercharge his investment depending on the point of view.

April 9, 2021 at 11:03 PM

See more related moves

Mentioned in this article:

intelliflo
Trading/Rebalancing
Top Executive: Nick Eatock

Addepar
Portfolio Management System
Top Executive: Eric Poirier



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