Venture Capital
Also, Wealthfront grew client assets, Income Lab selects BridgeFT, Summit adds LifeYield, and AdvicePay surpasses a million transactions. : Its latest AUM announcement represents a jump of more than two times the firm’s previously reported assets, which from its previously filed Form ADV from June, had it at just over $675 million. The firm has grown its headcount significantly over the past year too, expanding now to 120 employees, more than double a year ago. Rather than revealing the increased AUM in September, Father announced a Series B funding round of $31 million.