Farther, a NYC-based tech-powered financial advisory firm, raised $72M in Series C funding.
The round, which elevated Farther’s post-money valuation to $542M, was led by CapitalG and Viewpoint Ventures.
The company intends to use the funds to expand operations and its development efforts.
Led by CEO Taylor Matthews, Farther is a technology-centric wealth management firm, empowering expert advisors with technology to deliver an enhanced client experience. Farther’s technology enables advisors to dedicate 90% of their time to client interactions and prospecting, simultaneously grow their books of business faster and deliver more for their clients. Free from mandatory minimums and non-compete agreements, advisors are empowered to build client bases that align with their personal goals, backed by a transparent payout structure and equity in the firm. It manages over $5 Billion in assets across 100+ wealth managers and 5,000 clients.
With the latest investment, Farther has raised more than $118M in total funding.
FinSMEs
10/10/2024