BlackRock, the world's largest asset manager, is acquiring FutureAdvisor, a five-year-old, San Francisco-based online financial advisory firm that aims to help people manage their existing IRAs, 401(s) and other investment accounts. According to the Financial Times, the company was picked up for between $150 million and $200 million. FutureAdvisor had raised $21.5 million from… Read More
Source: TechCrunch