Recap Investing was a SEC-registered sustainable robo-advisor that once lived at this domain. What the public record shows, why it likely didn't make it, and what its story teaches platform users.
Dozens of registered, well-funded robo-advisors have quietly shut down. The economics that kill them, the three patterns that repeat, and how each obituary in this series is written.
Loyal3 offered fee-free stock and IPO investing — T-Mobile shares, the Square IPO — and folded in 2017 when both revenue streams dried. The origin story of the free-trading era's hardest question.
Hedgeable was the first active robo-advisor — bitcoin, alternatives, downside protection. In 2018 it withdrew its SEC registration at $80M AUM while solvent. Why opportunity cost kills too.
Motif Investing pioneered thematic investing, raised $125M+, reached $850M in assets — and still wound down in 2020, with Schwab taking the tech and Folio the accounts. The sourced story.
Swell Investing was Pacific Life's sustainability robo-advisor: $35M AUM, 14,000 accounts, a 0.75% fee — and a 2019 shutdown. The sourced story and the arithmetic that killed it.