Personal Capital和Robinhood 完全是两个不同的动物哈。Personal Capital是个数据集成和分析平台，不能用来做交易。普通人完全可以免费用他们的工具来对自己的财物进行定期追踪。PC的主要竞争对手是Intuit的Mint.com, Mint他们赚钱也是靠广告，推荐信用卡什么的挣点小钱。
PC自己有一个investment committee， 在他们那里有一定规模资产的客户享受私人银行业务服务。PC挣钱是作为financial advisor收费，客户的财产是放在Custodian那里的不在PC（Bank of New York Mellon), BNY Mellon托管的总资产的量很大，如果你是做金融肯定知道。
Personal Capital和Robinhood 完全是两个不同的动物哈。Personal Capital是个数据集成和分析平台，不能用来做交易。普通人完全可以免费用他们的工具来对自己的财物进行定期追踪。PC的主要竞争对手是Intuit的Mint.com, Mint他们赚钱也是靠广告，推荐信用卡什么的挣点小钱。
PC自己有一个investment committee， 在他们那里有一定规模资产的客户享受私人银行业务服务。PC挣钱是作为financial advisor收费，客户的财产是放在Custodian那里的不在PC（Bank of New York Mellon), BNY Mellon托管的总资产的量很大，如果你是做金融肯定知道。
贴个图哈
热血热胜红日光 发表于 4/10/2020 9:22:04 PM
Personal capital 和 Wealthfront, SigFig, Motif, Betterment 这些差不多，最早引领portfolio自动化的那一批，但后来Schwab和别的大银行自己推出自己平台，很多交易平台取消交易费后，这些小平台受挤压很严重，能不能长久生存下去是个问题。所以用它们的跟踪和统计功能可以，用它们来管自己的投资要三思。
Personal capital 和 Wealthfront, SigFig, Motif, Betterment 这些差不多，最早引领portfolio自动化的那一批，但后来Schwab和别的大银行自己推出自己平台，很多交易平台取消交易费后，这些小平台受挤压很严重，能不能长久生存下去是个问题。所以用它们的跟踪和统计功能可以，用它们来管自己的投资要三思。
chromium 发表于 4/10/2020 9:44:55 PM
Former Financial Advisor - 04/14/2019
I worked at Personal Capital full-time Pros -Health bennies are great, not good...repeat, great. -Incredibly streamlined organization across all functions (sometimes to a fault, more on that later) -Great growth opportunities for recent grads/early career folks (not for mid-career/advanced career...again, more on that later) -Really smart people for the most part at the top and in the C-suite Cons -No/small 401k match Until very recently it didn't exist, right now, it ain't much; especially when compared to the rest of the fin-serv industry. This is written off due to the fact that the company isn't operating in the black yet, but they still keep getting millions in VC backing. Seeing hundreds of millions being pumped into the company by super rich people/organizations while providing very little to the employees who could stand to benefit from a 401k match the most (operations/associate roles) is a bit tough to swallow after awhile...but this is my opinion. -Such a streamlined organization can make advancement opportunities rare after year 2, rarer still after year 3+ Some reviews will point to a "boys club" which I won't completely trivialize here. At the risk of using a double negative, the "boys club" doesn't NOT exist, but it's hardly the skull and bones society some reviews would have you believe. Also, having good relationships with the right people will always help, regardless of actual competence. This is the case in practically 100% of companies across the country and will always be true. A true meritocracy exists exactly nowhere outside of the die-hard capitalist's mind. This is the case at Personal Capital as it is the case everywhere. I would contend that the organization has streamlined itself to the point that it's somewhat difficult to standout from the crowd based on job function. You become something of a cog in the machine. This makes it a great place to come when you're 23-25 because if you succeed even a little bit, due to sheer turnover alone you'll get promoted 2 times in 2 years or less just by sticking it out. It's not as great if you're 30+ and career motivated with goals of learning more outside of financial planning. Quite frankly, outside of advisory work, there ain't much else for you to do. Their SF/Bay Area offices is where development/senior leadership operate and it exists on a literal peninsula and a figurative island. Career growth is sold heavily up front, but in actuality, they can probably only point to a handful of examples of real internal movement outside of just moving people up and down the organization chain on the advisory side of things. On the advisory side, it's a great place to go if you want to learn how to be an advisor and do financial planning when you're in your 20s. On the sales side of things, the pay is fine and it's heavily reliant on their incentive structure, as most sales jobs are and should be. The leads come to you but you do have to call them and you do have to sell them. People don't just up and decide to move hundreds of thousands of investment dollars over to some app online because they feel like it. It is not a cushy job to be a sales person. It is a grind and if you're a grinder, you will succeed. If you're not, you won't. However, after a couple of years, you WILL walk away a far better sales person; the sheer volume with force you to be. On the service side, it gets pretty cushy after 9-12 months which is something of a blessing while also a curse. Personal Capital trumpets their retention rate, but the truth is in the advisory space, pretty much every advisor (not brokerage firm; advisor) retains their clients at a 90%+ clip. You do have to call your clients, but they have so much automation on the planning side, it's really not difficult to keep a decent relationship. There will always be something new to talk about every 6 months or so. The service side is a good place to be if you want to make a decent income with amazing work/life balance. They'll even pay for your CFP (or at least most of it...just not your CE once you get it which seems...misguided...I digress). The problem is that once you get tired of doing that, there isn't much to which you can move. Unless you learn how to code, you're pretty much stuck there. Management/team lead positions don't come up very often and when they do, the positions are basically filled by one of the more senior advisors who is all but shoulder tapped for it. There has been a lot of turnover of advisors, both sales and service, who are 27-35 and have worked there for 2+ years. It's the nature of the beast, unfortunately. Once you get to that threshold, if you're smart, you see the writing on the wall and you realize that you can either A) get paid more someplace else for a similar job function, or B) have to go someplace else for career growth. Unfortunately, I'm not sure there's much that can be done about it at this point. Also, read the other reviews with a grain of salt. Some of them seem an awful lot like dummy reviews written by recruiting staff under fake accounts. I'm not saying for certain that's the case, but I'm also not going to say for certain that it isn't. Also, even if it is all real employees and real reviews, the company is all of 10 years old with the overwhelming majority of employees having less than 3 years of tenure. Everyone is chugging the Kool aid when they write these things so just remember that. Advice to Management I'm not really sure on this one from a general sense. Personal Capital is going to make a mint from a profit perspective here in the next 5 years. The business model is just too good and the technology is seriously class leading in terms of what is client facing. They call the growth they've experienced being "on a rocketship" and it's true. It'll be a cash cow. If that's what you want, it's a fine place to work; not great, fine. There are some tactical things that they could improve on, but seriously, if you're interested in fin-serv and you're in your 20s, spend a couple years here to get some experience and then move on. Who knows, maybe you'll get lucky and find yourself into a 5+ year experience there. Also, match your 401k and pay your employees and stop saying that shorting on either is because you're not profitable. We all see the checks the VCs write and can figure out the valuation. We know y'all have the resources to do it so stop playing.
Personal Capital was founded by Bill Harris, Rob Foregger, Louie Gasparini and Paul Bergholm in 2009.[4] Personal Capital was formerly known as SafeCorp Financial Corp.[5] The name was changed in 2010 and publicly launched on September 9, 2011.[5][6] Since 2012, Personal Capital has been registered with the U.S. Securities and Exchange Commission (SEC) as an investment advisor.[7] In both 2014 and 2015, Personal Capital was named to CNBC Disruptor 50 list.[8][4] In June 2015, Personal Capital had over $1.5 billion in assets under management.[9] In September 2015, there were 800,000 people using Personal Capital's free investing tools to monitor $150 billion in assets.[9] In June 2016, National Basketball Players Association (NBPA) teamed up with Personal Capital through a financial education program.[10]In December 2016, Personal Capital raised $25 million in Series E funding from IGM Financial, closing the round at $75 million.[11] 更有意思的是创始人Bill Harris。这里有个很有意思的interview - https://www.americanbanker.com/news/ex-paypal-ceo-bill-harris-launches-neobank-for-struggling-households
大家有啥思路？黄金虽然现在不错但是一直受打压
在哪儿买
老话说的好，“盛世珠宝 乱世黄金”， 珠宝不保值，乱的时候可能连个馒头都换不到
热，还能随身带着不漏眼。。。18卡的paraiba可以上拍卖会了，富婆妥妥的呀！
懂行的肉眼也能看得出真假，而且贵宝石一般都要配证书
纳粹没收犹太人的财产难道只把金扒走不要宝石吗？中国有话黄金有价玉无价你可以看看几十年是翡翠红宝石涨的多还是黄金多，而且你不能搬着金砖走吧
手动点赞。
祝黄金托早日免疫。
历史上通缩一般和银根收紧有关联，现在这种大宽松情况下，通缩发生概率不大。
要转化为通胀，一个重要指标就是工资大幅提高，但在现在经济状况和失业率大增的情况下，不太可能发生，所以短期通膨概率也不大。
所以最可能的结果又是辗转完成资本分配，贫富分化加剧08年宽松后果那样。
通缩和通膨都不可怕，因为个人投资者都有方式可以避免资产贬值。
但如果印钱过度复工遥遥无期而让小概率的滞涨发生了，那就真的要头疼了
Personal Capital和Robinhood 完全是两个不同的动物哈。Personal Capital是个数据集成和分析平台，不能用来做交易。普通人完全可以免费用他们的工具来对自己的财物进行定期追踪。PC的主要竞争对手是Intuit的Mint.com, Mint他们赚钱也是靠广告，推荐信用卡什么的挣点小钱。
PC自己有一个investment committee， 在他们那里有一定规模资产的客户享受私人银行业务服务。PC挣钱是作为financial advisor收费，客户的财产是放在Custodian那里的不在PC（Bank of New York Mellon), BNY Mellon托管的总资产的量很大，如果你是做金融肯定知道。
贴个图哈
Personal capital 和 Wealthfront, SigFig, Motif, Betterment 这些差不多，最早引领portfolio自动化的那一批，但后来Schwab和别的大银行自己推出自己平台，很多交易平台取消交易费后，这些小平台受挤压很严重，能不能长久生存下去是个问题。所以用它们的跟踪和统计功能可以，用它们来管自己的投资要三思。
请不吝赐教：
看来遇到真正的内行了，那你觉得Personal Capital最大的风险是什么呢？按理说客户的钱都在custodian account里，就算PC 倒了，客户的资产安全应该不受影响啊。而且PC倒了，我猜测BNY Mellon Pershing肯定第一个跳出来要接收这些客户。我的理解是PC要收费，如果你自己有时间精力而且能坚持理性投资的话，最好的选择是Vanguard，费用最低，不收费。但是PC有CPA, investment advisor, 能帮客户做财务和税务规划。不然的话一般人也懒得找CPA给自己做税务规划吧。 而且他们开始一段时间不收费。跟着学看他们操作一下，如果你不想付费，那直接再转出到Vanguard就行了。我试过其他的一些financial advisor，从Morgan Stanley， Merrill到LPL，感觉他们的服务都不怎么样。很少有人能把税务规划弄好讲清楚的。有的还成天玩一些derivative，搞structured notes, 卖人寿保险什么的。
我自以为商学院毕业懂finance/accounting，但是真的自己管理资产的时候要不是家里事忙，要不是有behavioral bias, 回头看本金倒是没有遭受太大损失但是错失了不少growth opportunity. 我看了https://www.financialsamurai.com/personal-capital-versus-schwab-intelligent-portfolios/ 的文章，不知道是不是收费的软文哈，里面推荐的是用PC 提供的免费工具提高自己的投资效率，不找PC Advisor.
我在用他们的服务之前做过以下研究：
1. Forbes排名 https://www.forbes.com/sites/juliecooling/2019/12/12/top-100-registered-investment-advisors-rias-of-2019-ranked-by-ria-channel/#310855db2bc5 2019年他们排第三，第一名是Plante Moran, 给富人做wealth management的
2. 去Glassdoor, 专门找留差评的员工的留言，看看到底这个公司有什么内幕，一般人在这个公司干什么干多久
Former Financial Advisor - 04/14/2019
I worked at Personal Capital full-time Pros -Health bennies are great, not good...repeat, great. -Incredibly streamlined organization across all functions (sometimes to a fault, more on that later) -Great growth opportunities for recent grads/early career folks (not for mid-career/advanced career...again, more on that later) -Really smart people for the most part at the top and in the C-suite
Cons -No/small 401k match Until very recently it didn't exist, right now, it ain't much; especially when compared to the rest of the fin-serv industry. This is written off due to the fact that the company isn't operating in the black yet, but they still keep getting millions in VC backing. Seeing hundreds of millions being pumped into the company by super rich people/organizations while providing very little to the employees who could stand to benefit from a 401k match the most (operations/associate roles) is a bit tough to swallow after awhile...but this is my opinion. -Such a streamlined organization can make advancement opportunities rare after year 2, rarer still after year 3+ Some reviews will point to a "boys club" which I won't completely trivialize here. At the risk of using a double negative, the "boys club" doesn't NOT exist, but it's hardly the skull and bones society some reviews would have you believe. Also, having good relationships with the right people will always help, regardless of actual competence. This is the case in practically 100% of companies across the country and will always be true. A true meritocracy exists exactly nowhere outside of the die-hard capitalist's mind. This is the case at Personal Capital as it is the case everywhere. I would contend that the organization has streamlined itself to the point that it's somewhat difficult to standout from the crowd based on job function. You become something of a cog in the machine. This makes it a great place to come when you're 23-25 because if you succeed even a little bit, due to sheer turnover alone you'll get promoted 2 times in 2 years or less just by sticking it out. It's not as great if you're 30+ and career motivated with goals of learning more outside of financial planning. Quite frankly, outside of advisory work, there ain't much else for you to do. Their SF/Bay Area offices is where development/senior leadership operate and it exists on a literal peninsula and a figurative island. Career growth is sold heavily up front, but in actuality, they can probably only point to a handful of examples of real internal movement outside of just moving people up and down the organization chain on the advisory side of things. On the advisory side, it's a great place to go if you want to learn how to be an advisor and do financial planning when you're in your 20s. On the sales side of things, the pay is fine and it's heavily reliant on their incentive structure, as most sales jobs are and should be. The leads come to you but you do have to call them and you do have to sell them. People don't just up and decide to move hundreds of thousands of investment dollars over to some app online because they feel like it. It is not a cushy job to be a sales person. It is a grind and if you're a grinder, you will succeed. If you're not, you won't. However, after a couple of years, you WILL walk away a far better sales person; the sheer volume with force you to be. On the service side, it gets pretty cushy after 9-12 months which is something of a blessing while also a curse. Personal Capital trumpets their retention rate, but the truth is in the advisory space, pretty much every advisor (not brokerage firm; advisor) retains their clients at a 90%+ clip. You do have to call your clients, but they have so much automation on the planning side, it's really not difficult to keep a decent relationship. There will always be something new to talk about every 6 months or so. The service side is a good place to be if you want to make a decent income with amazing work/life balance. They'll even pay for your CFP (or at least most of it...just not your CE once you get it which seems...misguided...I digress). The problem is that once you get tired of doing that, there isn't much to which you can move. Unless you learn how to code, you're pretty much stuck there. Management/team lead positions don't come up very often and when they do, the positions are basically filled by one of the more senior advisors who is all but shoulder tapped for it. There has been a lot of turnover of advisors, both sales and service, who are 27-35 and have worked there for 2+ years. It's the nature of the beast, unfortunately. Once you get to that threshold, if you're smart, you see the writing on the wall and you realize that you can either A) get paid more someplace else for a similar job function, or B) have to go someplace else for career growth. Unfortunately, I'm not sure there's much that can be done about it at this point. Also, read the other reviews with a grain of salt. Some of them seem an awful lot like dummy reviews written by recruiting staff under fake accounts. I'm not saying for certain that's the case, but I'm also not going to say for certain that it isn't. Also, even if it is all real employees and real reviews, the company is all of 10 years old with the overwhelming majority of employees having less than 3 years of tenure. Everyone is chugging the Kool aid when they write these things so just remember that.
Advice to Management I'm not really sure on this one from a general sense. Personal Capital is going to make a mint from a profit perspective here in the next 5 years. The business model is just too good and the technology is seriously class leading in terms of what is client facing. They call the growth they've experienced being "on a rocketship" and it's true. It'll be a cash cow. If that's what you want, it's a fine place to work; not great, fine. There are some tactical things that they could improve on, but seriously, if you're interested in fin-serv and you're in your 20s, spend a couple years here to get some experience and then move on. Who knows, maybe you'll get lucky and find yourself into a 5+ year experience there. Also, match your 401k and pay your employees and stop saying that shorting on either is because you're not profitable. We all see the checks the VCs write and can figure out the valuation. We know y'all have the resources to do it so stop playing.
根据员工留言， Wikipedia， SEC registration，可以大概推断出以下情报：
1. 员工是25 到 35岁的年轻人。平均在这个公司干3年左右，一般的员工收入7万左右，干得特别好的能到10万，20万（应该是做销售的）
2. 这个公司有9年历史，到目前还有VC不断投钱，他们还没有盈利
3. Business model有合理性。赚钱靠大客户（资产百万以上），补贴开发团队。
4. 从其他渠道可以看到该平台有1百万到150万用户，但是收费的用户不是很多
5. Robo-investing+human advisor 收费水平比较高，百万以上的收托管资产的年费率0.79%，按月收费，但是前几个月免费（可以商量）
6. 从其他渠道看，如果不满意可以做in kind tranfer, 把资产转移到Vanguard, 不需要卖股票
7. 最新的 AUM 是12.3 billion. 推算出他们公司现在年收入大概6千万到9千万之间，假定平均客户资产在100到200万之间，他们大概有6000到12000收费客户。也就是平台用户里的1%左右是最后发展成收费客户了的
8. 这个公司大概有150到200员工？（我猜的）
Personal Capital was founded by Bill Harris, Rob Foregger, Louie Gasparini and Paul Bergholm in 2009.[4] Personal Capital was formerly known as SafeCorp Financial Corp.[5] The name was changed in 2010 and publicly launched on September 9, 2011.[5][6] Since 2012, Personal Capital has been registered with the U.S. Securities and Exchange Commission (SEC) as an investment advisor.[7] In both 2014 and 2015, Personal Capital was named to CNBC Disruptor 50 list.[8][4] In June 2015, Personal Capital had over $1.5 billion in assets under management.[9] In September 2015, there were 800,000 people using Personal Capital's free investing tools to monitor $150 billion in assets.[9] In June 2016, National Basketball Players Association (NBPA) teamed up with Personal Capital through a financial education program.[10] In December 2016, Personal Capital raised $25 million in Series E funding from IGM Financial, closing the round at $75 million.[11]
更有意思的是创始人Bill Harris。这里有个很有意思的interview - https://www.americanbanker.com/news/ex-paypal-ceo-bill-harris-launches-neobank-for-struggling-households
Haha. 我不是来打击你的，大家都明白人，祝你都顺利。PC统计部分做的还是不错的。你说的对的，投进去的钱进custodian 都很保险的，不会有本金损失问题。
什么意思？求解惑
很同意这个。