b2b-daily
Home | FinTech | Digital Wealth Management

Facet Secures $35M to Innovate Tech-Driven Financial Advisory Platform

Avatar photo
by Dwaine Evans
October 11, 2024
Image Credit: Pixabay
Facet Secures $35M to Innovate Tech-Driven Financial Advisory Platform

Achieving a significant milestone, Facet, a US-based investment advisory firm, has successfully raised $35 million in a recent funding round led by Multiplier Capital. Founded in 2016, Facet leverages a tech-driven platform to provide tailored financial advice, especially targeting individuals often overlooked by traditional financial institutions. This latest funding boost brings the company’s total raised capital to a notable $210 million. Facet’s unique approach pairs clients with certified financial planners, offering financial advisory services for a flat membership fee. This model has gained widespread acceptance, enabling the firm to service over 14,000 households across the nation. The fresh influx of capital is set to enhance tech development, aiming to broaden and refine the financial planning services robustly.

Enhancing Technology and Expanding Services

Facet’s co-founder and CEO, Anders Jones, emphasized that the success of their subscription-based model stems from a blend of innovative technology and a steadfast commitment to their members. The consistent focus on exceeding client expectations while evolving their service offerings has been a cornerstone of Facet’s value proposition. With the new funding, Facet plans to invest heavily in technological advancements that will improve the delivery of financial advice. This includes upgrading the user interface and experience and incorporating advanced tools for financial planning. As they extend their reach, this tech enhancement aligns with their ambitious goal to continue leading the market in client satisfaction while setting a new standard for accessible and transparent financial advisory services.

InvestingMoney Management

Explore more

Global RPA Market Set for Rapid Growth Through 2033
March 2, 2026

The modern business environment has reached a definitive turning point where the distinction between human administrative effort and automated digital execution is blurring into a singular, cohesive workflow. As organizations navigate the complexities of a post-pandemic economic landscape in 2026, the reliance on Robotic Process Automation (RPA) has transitioned from a competitive advantage to a fundamental requirement for survival. This

US Labor Market Cools Following January Employment Surge
March 2, 2026

The sheer magnitude of the employment surge witnessed during the first month of the year has left economists questioning whether the American economy is truly overheating or simply experiencing a statistical anomaly. While January provided a blowout performance that defied most conservative forecasts, the subsequent data for February suggests that a significant cooling period is finally taking hold. This shift

Trend Analysis: Entry Level Remote Careers
March 2, 2026

The long-standing belief that securing a high-paying professional career requires a decade of office-bound grinding is being systematically dismantled by a digital-first economy that values specific output over physical attendance. For decades, the entry-level designation often implied a physical presence in a cubicle and years of preparatory internships, yet fresh data suggests that high-paying remote opportunities are now accessible to

How to Bridge Skills Gaps by Developing Internal Talent
March 2, 2026

The modern labor market presents a paradoxical challenge where specialized roles remain vacant for months while thousands of capable employees feel their professional growth has hit an impenetrable ceiling. This misalignment is not merely a recruitment issue but a systemic failure to recognize “adjacent-fit” talent—individuals who already possess the vast majority of required competencies but are overlooked due to rigid

Is Physical Disability a Barrier to Executive Leadership?
March 2, 2026

When a seasoned diplomat with a career spanning the United Nations and high-level corporate strategy enters a boardroom, the initial assessment by peers should theoretically rest upon a decade of proven crisis management and multi-million-dollar partnership successes. However, for many leaders who live with visible physical disabilities, the resume often faces an uphill battle against a deeply ingrained societal bias.