![]() | |
Company type | Privately held company |
---|---|
Industry |
Personal finance,
Investment Management, Digital Wealth Management, Automated Investing, Portfolio Management, Investment services |
Founded | 2009 |
Founder | Michael Kane, Matthew Kane |
Headquarters | New York City, United States |
Key people | Michael Kane (
Co-Founder,
CEO),
Matthew Kane ( Co-Founder, COO), Siddharth Sharma, CFA, FRM ( CTO) |
Website |
www |
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. [1]
On August 9, 2018, Hedgeable closed its doors to new investors, with existing investors required to transfer out of the company. [2] The company claimed that it was not shutting down but simply removing its SEC registration. [3]
Hedgeable was founded in 2009 by twin brothers Michael and Matthew Kane, who previously worked at high-net worth investment managers such as Bridgewater Associates and Spruce Private Investors. Both Michael and Matthew graduated from Penn State University with degrees in finance. Hedgeable is a Registered Investment Advisor with the U.S. Securities and Exchange Commission. [4] The company has received funding from SixThirty [5] and Route 66 Ventures [6] as well as various other angel investors. On August 9, 2018, Hedgeable closed its doors to new investors. [2]
Hedgeable does not follow a buy-and-hold approach, but instead actively manages accounts in response to market movements [7] focusing on downside protection in bear markets. [8] This strategy is different from other robo-advisors, which use Modern Portfolio Theory.
Hedgeable offers investment options including Exchange Traded Funds (ETFs) to individual stocks, master limited partnerships, private equity and bitcoin. [1] Mutual funds are not used in portfolios. [9]
Although the firm's focus is to provide a direct-to-consumer service, Hedgeable's investment strategies are available to financial advisors [10] and institutions as well through a variety of platforms.
Hedgeable aims to gamify [11] personal finance for clients. Clients can open a new account or transfer an existing account. Hedgeable accepts retirement accounts, taxable accounts, business accounts and various other account types. Hedgeable offers unique features such as:
It was awarded 4/5 for client transparency by Paladin Research. [13] Hedgeable was the winner of the Finovate Fall 2015 Best of Show Award [14] and the GREAT 2015 Tech Award (FinTech Category). [15]
In 2016, Hedgeable launched its first iOS mobile app [16] in order to expand their product offerings and is looking to expand globally in the future.
![]() | |
Company type | Privately held company |
---|---|
Industry |
Personal finance,
Investment Management, Digital Wealth Management, Automated Investing, Portfolio Management, Investment services |
Founded | 2009 |
Founder | Michael Kane, Matthew Kane |
Headquarters | New York City, United States |
Key people | Michael Kane (
Co-Founder,
CEO),
Matthew Kane ( Co-Founder, COO), Siddharth Sharma, CFA, FRM ( CTO) |
Website |
www |
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. [1]
On August 9, 2018, Hedgeable closed its doors to new investors, with existing investors required to transfer out of the company. [2] The company claimed that it was not shutting down but simply removing its SEC registration. [3]
Hedgeable was founded in 2009 by twin brothers Michael and Matthew Kane, who previously worked at high-net worth investment managers such as Bridgewater Associates and Spruce Private Investors. Both Michael and Matthew graduated from Penn State University with degrees in finance. Hedgeable is a Registered Investment Advisor with the U.S. Securities and Exchange Commission. [4] The company has received funding from SixThirty [5] and Route 66 Ventures [6] as well as various other angel investors. On August 9, 2018, Hedgeable closed its doors to new investors. [2]
Hedgeable does not follow a buy-and-hold approach, but instead actively manages accounts in response to market movements [7] focusing on downside protection in bear markets. [8] This strategy is different from other robo-advisors, which use Modern Portfolio Theory.
Hedgeable offers investment options including Exchange Traded Funds (ETFs) to individual stocks, master limited partnerships, private equity and bitcoin. [1] Mutual funds are not used in portfolios. [9]
Although the firm's focus is to provide a direct-to-consumer service, Hedgeable's investment strategies are available to financial advisors [10] and institutions as well through a variety of platforms.
Hedgeable aims to gamify [11] personal finance for clients. Clients can open a new account or transfer an existing account. Hedgeable accepts retirement accounts, taxable accounts, business accounts and various other account types. Hedgeable offers unique features such as:
It was awarded 4/5 for client transparency by Paladin Research. [13] Hedgeable was the winner of the Finovate Fall 2015 Best of Show Award [14] and the GREAT 2015 Tech Award (FinTech Category). [15]
In 2016, Hedgeable launched its first iOS mobile app [16] in order to expand their product offerings and is looking to expand globally in the future.