| Type | Private |
|---|---|
| Gravity Investments | |
| Industry | Investment services |
| Founded | 2000 |
| Founder | James Damschroder |
| Headquarters | , |
| Services | Investment Robo-advisory |
| Website | www |
Gravity Investments is an American investment services company. It is based in Denver, Colorado. Founded in 2000 by James Damschroder, the company operates as a digital advice platform or Institutional RoboAdvisory. They developed Gsphere, a software platform. [1]
The company was issued patents in 2009 for its visual representation of a portfolio, and again in 2011 for Diversification Measurement and Analysis System. [2] [ better source needed ]
Gravity Capital Partners (the investment management subsidiary and a Registered Investment Adviser) was founded in 2010 by James Damschroder and John Osland. [3]
The underlying portfolio optimization process is an offshoot of modern portfolio theory; it uses diversification optimization to create diversification-weighted portfolios and provides tools for portfolio analysis. [4] Once a portfolio is plugged in, it allows advisers to holistically determine which asset classes clients are too invested in and which ones may broaden the portfolio. [5]
Passive management is an investing strategy that tracks a market-weighted index or portfolio. Passive management is most common on the equity market, where index funds track a stock market index, but it is becoming more common in other investment types, including bonds, commodities and hedge funds.
An index fund is a mutual fund or exchange-traded fund (ETF) designed to follow certain preset rules so that the fund can track a specified basket of underlying investments. While index providers often emphasize that they are for-profit organizations, index providers have the ability to act as "reluctant regulators" when determining which companies are suitable for an index. Those rules may include tracking prominent indexes like the S&P 500 or the Dow Jones Industrial Average or implementation rules, such as tax-management, tracking error minimization, large block trading or patient/flexible trading strategies that allow for greater tracking error but lower market impact costs. Index funds may also have rules that screen for social and sustainable criteria.
An exchange-traded fund (ETF) is a type of investment fund and exchange-traded product, i.e. they are traded on stock exchanges. ETFs are similar in many ways to mutual funds, except that ETFs are bought and sold throughout the day on stock exchanges while mutual funds are bought and sold based on their price at day's end. An ETF holds assets such as stocks, bonds, currencies, and/or commodities such as gold bars, and generally operates with an arbitrage mechanism designed to keep it trading close to its net asset value, although deviations can occasionally occur. Most ETFs are index funds: that is, they hold the same securities in the same proportions as a certain stock market index or bond market index. The most popular ETFs in the U.S. replicate the S&P 500 Index, the total market index, the NASDAQ-100 index, the price of gold, the "growth" stocks in the Russell 1000 Index, or the index of the largest technology companies. With the exception of non-transparent actively managed ETFs, in most cases, the list of stocks that each ETF owns, as well as their weightings, is posted daily on the website of the issuer. The largest ETFs have annual fees of 0.03% of the amount invested, or even lower, although specialty ETFs can have annual fees well in excess of 1% of the amount invested. These fees are paid to the ETF issuer out of dividends received from the underlying holdings or from selling assets.
A "fund of funds" (FOF) is an investment strategy of holding a portfolio of other investment funds rather than investing directly in stocks, bonds or other securities. This type of investing is often referred to as multi-manager investment. A fund of funds may be "fettered", meaning that it invests only in funds managed by the same investment company, or "unfettered", meaning that it can invest in external funds run by other managers.
ETF Securities is an asset management firm that issues exchange-traded funds (ETFs) primarily in Australia.
Louis G. Navellier is Chairman and Founder of Navellier & Associates in Reno, Nevada, which manages approximately $2.5 billion in assets. Navellier also writes four investment newsletters focused on growth investing: Emerging Growth, Blue Chip Growth, Quantum Growth and Global Growth, and can frequently be seen giving his market outlook and analysis on Bloomberg, Fox News, and CNBC.
SigFig is a financial technology company based in San Francisco that builds robo-advisory and customer engagement software. SigFig's robo-investing platform is available directly to consumers via web and mobile app. SigFig also white-labels its platforms to financial institutions, including Wells Fargo and UBS. As of 2020, SigFig has raised $119.5M in funding, with the most recent fundraise occurring in June 2019 in a Series E round.
Amundi is a French asset management company. With €1.729 trillion of assets under management (AUM) at the end of 2020, it is, after Allianz, the largest asset manager in Europe and one of the 10 biggest investment managers by AUM in the world.
Betterment is an American financial advisory company which provides robo-advising and cash management services.
Robo-advisors or robo-advisers are a class of financial adviser that provide financial advice or investment management online with moderate to minimal human intervention. They provide digital financial advice based on mathematical rules or algorithms. These algorithms are designed by financial advisors, investment managers and data scientists, and coded in software by programmers. These algorithms are executed by software and do not require a human advisor to impart financial advice to a client. The software utilizes its algorithms to automatically allocate, manage and optimize clients' assets for either short-run or long-run investment. Robo-advisors are categorized based on the extent of personalization, discretion, involvement, and human interaction.
Stockspot is an online investment adviser and fund manager based in Sydney, Australia. It is the first fully paperless digital investment advice platform in Australia and provides consumers with access to professional investment services for less than the typical cost of a traditional financial adviser or wealth manager.
Hedgeable, Inc. is a U.S. based financial services company and digital wealth management platform headquartered in New York City. Hedgeable doesn’t follow set allocations but actively manages accounts in response to market movements.
Smart beta investment portfolios offer the benefits of passive strategies combined with some of the advantages of active ones, placing it at the intersection of efficient-market hypothesis and factor investing.
BMO SmartFolio is a digital investment management service offered by Canada’s Bank of Montreal. Broadly referred to as a robo-advisor, the service allows investors to answer a series of questions online about their investment goals, time horizon and risk tolerance, then are recommended a model portfolio made up of index-tracking exchange-traded funds based on the investor’s profile, managed by financial professionals with BMO Global Asset Management and BMO Nesbitt Burns.
Wealthsimple Inc. is a Canadian online investment management service focused on millennials. The firm was founded in September 2014 by Michael Katchen and is based in Toronto. As of February 19, 2021, the firm holds over C$8.4 billion in assets under management. It is primarily owned by Power Corporation indirectly at 70.1% through investments made through their holdings in Power Financial, IGM Financial and Portag3.
Wahed is an American financial technology and services company based in New York City, New York. In July 2019, the company launched the first exchange-traded fund in the United States that was compliant with Sharia law. Wahed operates in 130 countries and has offices in Washington D.C, New York, London and Dubai. According to CNBC, it has a valuation of $100 million.
Riskalyze is a financial technology company that provides software as a service to financial advisors in the United States. Riskalyze's platform provides tools for analyzing investment risk, delivering 401(k) plans, and building and implementing investment portfolios.
Thematic investing is a form of investment which aims to identify macro-level trends, and the underlying investments that stand to benefit from the materialisation of those trends.
Kuvera.in is an Indian online platform for mutual funds, digital gold, fixed deposits, cryptocurrency exchange & US ETF investment. It also gives loan backed by one's portfolio. It also provides health insurance. It is operated by Arevuk Advisory Services Pvt. Ltd., a company headquartered in Bangalore. Kuvera positions itself as a wealth management platform for individual investors and offers investment in direct mutual funds without any fees or commissions.
Questrade is an online brokerage firm and wealth management firm based in Canada. It is Canada's largest discount broker.
