Robo adviser Fountain receives full FCA authorisation

Wednesday 25 July 2018 10:27 CET | News

UK-based digital wealth manager Fountain has received full authorisation from the Financial Conduct Authority enabling the company to enter the market.

Company officials have stated that it takes a holistic approach to investing revolving around clients’ values, goals, and investment objectives, aiming to bring a high level of personalisation through an automated digital service.

Founded in 2017, Fountain’s investors include Charlotte Street Capital alongside a number of angels working in large banks– acting in a private capacity – from Goldman Sachs, Société Générale, Citigroup and Deutsche Bank.

Fountain founders declared that the firm will now allow its first real customers - all team members - to join as part of its first wave of onboarding. Afterwards, it will start onboarding members from its waitlist.

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Keywords: Robo adviser, Fountain, FCA authorisation, Financial Conduct Authority, UK, investing, Charlotte Street Capital, Goldman Sachs, Société Générale, Citigroup, Deutsche Bank
Countries: World

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