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What happened learning vest?

What happened learning vest?

After paying $250 million for the startup three years ago, the insurance company is shutting it down June 5. In a statement posted to the Northwestern Mutual website, the company announced that it is discontinuing LearnVest’s financial planning offering for consumers and the [email protected] program for businesses.

Did LearnVest shut down?

LearnVest was an American financial planning company founded by CEO Alexa von Tobel. It sells personal finance software….LearnVest.

Type Subsidiary
Founder Alexa von Tobel
Defunct 2018
Headquarters New York, New York, United States
Area served United States

What is LearnVest used for?

LearnVest’s mission is to help users with financial planning in an affordable and accessible way. Financial planning can be overwhelming and the company wants to show that anyone can start planning for their future, not just a limited few. The robo-advisor helps users budget and save with convenience and ease.

How much did LearnVest sell for?

For Alexa von Tobel, it occurred in March 2015, when the birth of her first child coincided with selling LearnVest, the online financial advisory firm she founded, to Northwestern Mutual in a deal reported to be more than $250 million.

Is Alexa Von Tobel married?

Michael Ryan Jr.m. 2013
Alexa von Tobel/Spouse
Originally from Jacksonville, Florida, Von Tobel received a B.A. in Psychology at Harvard College. Alexa von Tobel is married to Michael Ryan Jr.. The couple has 3 children, born in 2015, 2018 and 2019.

When was LearnVest founded?

2009
LearnVest/Founded

Who bought LearnVest?

Northwestern Mutual CEO John Schlifske gave new insight into his company’s decision to close LearnVest and how Northwestern continues using the technology it acquired for $250 million.

Who started LearnVest?

Alexa von Tobel
LearnVest/Founders
You don’t have to agree with the feedback you receive, but you will learn something, according to the fintech founder-turned-investor. In 2007, Alex von Tobel left Harvard Business School and moved to New York City to launch LearnVest, a company designed to demystify financial planning for everyone.

Where is Alexa Tobel?

Originally from Florida, Alexa attended Harvard College and Harvard Business School before settling in New York City where she currently resides with her husband, Cliff, and three children, Toby, Cashel, and Rosey.

What is the mission of the company LearnVest?

LearnVest’s mission is to help users with financial planning in an affordable and accessible way. Financial planning can be overwhelming and the company wants to show that anyone can start planning for their future, not just a limited few. The robo-advisor helps users budget and save with convenience and ease.

What can I do with LearnVest for free?

LearnVest offers several financial planning tools at no charge. By connecting your account, it helps you create a budget and track your transactions. It also has a free financial check-up service, which determines your financial standing. There’s also a manual option, where you don’t have to connect your accounts to access the tools.

Is there an app for the LearnVest app?

LearnVest is accessible online and through a mobile app, though only on iOS. When you download the app, the transaction tracker is available. You can link multiple accounts to LearnVest to get an overview of your financial situation. If you decide to join LearnVest Premium, you start by giving information about your financial standing and goals.

How much does it cost to set up a LearnVest account?

If you want access to a financial advisor, then it comes at a price. The LearnVest Premium account has a one-time set-up fee of $299, plus $19 per month for on-going support. Though this is more expensive than many robo-advisors, it’s still less expensive than making a financial plan with a traditional advisor.

https://www.youtube.com/user/LearnVestNYC