Facet Wealth, a Baltimore, Maryland-based next-generation financial services company, raised $33m in Series A funding.
The round was led by Warburg Pincus, with participation from Slow Ventures.
The company intends to use the funds to accelerate its expansion strategy and to continue to scale its proprietary technology platform.
Co-founded by Anders Jones, CEO, Patrick McKenna, Chairman, and Brent Weiss, Head of Planning, Facet Wealth provides comprehensive, transparent service at an affordable price to the mass affluent households that need it most.
The company partners with industry incumbents to identify and transition clients who do not fit their ideal profile, which frees them up to focus on growth, increase practice valuation, and undergo generational transitions, and enables more clients to receive quality financial life guidance from a fiduciary.
Facet Wealth is a SEC Registered Investment Advisor (RIA) that offers technology-enabled financial planning services through a team led by a certified financial planner.
FinSMEs
10/09/2018