What happened to LearnVest?
LearnVest went on to raise roughly $70 million from investors, then sold for $375 million to the insurance giant Northwestern Mutual in 2015.
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 |
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.
Who bought LearnVest?
Northwestern Mutual
When LearnVest, which started in 2009, was acquired by Northwestern Mutual, its service and brand name were kept intact by CEO and founder, Alexa von Tobel, who then became a Northwestern Mutual executive.
Is Alexa Von Tobel married?
Michael Ryan Jr.m. 2013
Alexa von Tobel/Spouse
What are the benefits of using LearnVest?
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.
How much did Northwestern Mutual pay for 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.
What is the purpose of 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.
Where does Alexa Tobel live?
New York City
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 LearnVest app?
Mobile Money Management LearnVest is still an excellent personal finance and budgeting app, with a great design, an intuitive interface, and helpful reading material. If you’re willing to pay, the service will even hook you up with a financial planner. If you don’t like Mint, LearnVest is a fine alternative.
What are the benefits of mint com?
Advantages
- Free to Sign Up and Use. Mint is totally free to sign up for and use, no matter what you do with it.
- Mobile Functionality Is User-Friendly and Convenient.
- Overview and Email Alerts Reduce Account Logins.
- Free, On-Demand Credit Score Is Convenient.
- Automatic Account Syncing.
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.
How does LearnVest help you save and save money?
LearnVest shows you clear progress, such as saving goals in the form of a bar graph and percent (shown), as well as spending pie charts. The online personal finance tool LearnVest provides free tools for tracking your spending habits, determining your financial goals, and budgeting your money.
Who is the owner of LearnVest, Inc.?
LearnVest, Inc. is owned by NM Planning, LLC, which is a subsidiary of The Northwestern Mutual Life Insurance Company, Milwaukee, WI. LearnVest, Inc. is not an investment adviser, broker-dealer or insurance company.
What’s the difference between LearnVest and mint personal finance?
LearnVest tracks spending and income, shows trends over time, and helps you create budgets to manage your money. In what it accomplishes, LearnVest is extremely similar to Mint, our Editors’ Choice for personal finance sites. Mint is a little more polished and has more features, however.