Backed by capital from Andreessen Horowitz, Y Combinator, and QED, OpenInvest was founded in 2015 with a core focus on helping advisors unlock the true impact of their clients’ investments.
On June 29, J.P. Morgan announced that it has entered into a definitive agreement to acquire OpenInvest. OpenInvest will retain its own brand and be integrated into J.P. Morgan’s Private Bank and Wealth Management client offerings.
.@openinvestco was created to help financial advisors, big asset managers & retail users create portfolios that more accurately reflect investors’ values. We saw demand for more transparency in the retail investment landscape & proud to be early investors. https://t.co/pf7Z0HvKeg pic.twitter.com/hMbh9kxK5I
— 35V (@35Ventures) June 29, 2021
“Clients are increasingly focused on understanding the environmental, social, and governance (ESG) impact of their portfolios and using that information to make investment decisions that better align with their goals,” says Mary Callahan Erdoes, CEO, J.P. Morgan Asset & Wealth Management.
“At OpenInvest, we believe that aligning capital with social and environmental values is a critical driver of widespread change,” says Conor Murray, Co-founder and CEO, OpenInvest.
Joshua Levin, Co-founder and Chief Strategy Officer, OpenInvest, adds, “Our partnership with J.P. Morgan combines leading ESG technologies with America’s largest bank and the ability to reach nearly half of all American households.”
Source: OpenInvest
NEWSLETTER SIGN UP
And receive exclusive articles on securities markets
🏆 The 2026 Global Markets Choice Awards are here! 🌍 Nominations are officially OPEN for the celebration of excellence in global capital markets trading & technology. Nominate below:
https://www.jotform.com/form/260086385121150
Delaware Life Insurance Company is becoming the first insurance carrier to offer an index that contains cryptocurrency, adding the BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index to its fixed index annuity (FIA) portfolio.
As the digital assets industry pushes toward
Franklin Templeton is expanding its tokenized fund suite, signaling growing institutional demand for blockchain-based fund infrastructure and regulated investment products moving onchain. Read the full article below:
$50 billion in active ETF inflows helped fuel a record year for @BlackRock 's iShares business, as investors continue to lean into active strategies.
Related articles
-
The sustainable growth of digital assets depends on strong, institutional-grade risk and compliance.
-
Augustus will be the first clearing bank built on a stablecoin and AI-native core.
-
Automation and AI will drive productivity savings.
-
The AI-native firm will work with companies to bring Claude into their core business operations.
-
Standard Chartered’s investment aims to accelerate scalable digital asset market infrastructure.