Ellevest Reaches $2 Billion in Assets Under Management
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Wednesday, March 13, 2024
NEW YORK, March 13, 2024 /PRNewswire/ -- Ellevest, the investing and wealth management company built by and for women, announces today a new milestone reached: $2 billion in client assets under management (AUM).
Key Points:
- Milestone Signals Landmark Achievement for Ellevest, a Financial Company Built By and For Women
NEW YORK, March 13, 2024 /PRNewswire/ -- Ellevest, the investing and wealth management company built by and for women, announces today a new milestone reached: $2 billion in client assets under management (AUM). - We're entering into a newfound phase of economic power that we're calling 'the Feminization of Wealth,'" Ellevest founder and CEO Sallie Krawcheck said.
- Ellevest was founded as an alternative to a male-dominated industry, with the mission to get more money in the hands of women.
- This AUM milestone comes on the heels of being named by InvestmentNews as one of the fastest-growing registered investment advisors (RIAs) in the country, and #8 among fee-only RIAs with assets under management of $1 billion or more.