Supplies private money management services that serves individual investors, nonprofits, and corporate retirement plans.
FormulaFolio Investments is an algorithm-based money manager and software platform, catering to independent financial advisers who need a hand managing their business, as well as client investments. FormulaFolios’ white-label platform also includes a client-facing online portal. Investment adviser Jason Wenk founded the company in 2012 by building an algorithm that automatically rebalances portfolios and makes trades according to market analysis and a client’s investment goals. FormulaFolio currently manages $2.1 billion in assets; it was ranked No. 15 on the Inc. 5000 in 2016. This year, FormulaFolio hit the top 10 on the list with a three-year growth rate of 13,926 percent and $17.2 million in revenue.