Type Privately held company Website www.hedgeable.com | Headquarters New York, New York Founded 2009 | |
 | ||
Industry Personal finance, Investment Management, Digital Wealth Management, Automated Investing, Portfolio Management,Investment services Key people Michael Kane (Co-Founder, CEO), Matthew Kane (Co-Founder, COO),Siddharth Sharma, CFA, FRM (CTO) Founders Michael Kane, Matthew Kane | ||
Hedgeable, Inc. is a U.S. based financial services company headquartered in New York, New York. The Hedgeable web and mobile app allows individuals to invest in customized portfolios. It is a digital wealth management platform. Hedgeable practices 'tactical investing'—that is, it doesn’t follow set allocations but actively manages accounts in response to market movements.
Contents
- Bitcoin no boundaries demo hedgeable
- History
- Investing Strategies
- Product Features
- Future Endeavors
- References
Bitcoin no boundaries demo hedgeable
History
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. The company has received funding from SixThirty and Route 66 Ventures as well as various other angel investors.
Investing Strategies
Hedgeable does not follow a buy-and-hold approach, but instead actively manages accounts in response to market movements focusing on downside protection in bear markets. This strategy is dramatically different than most other robo-advisors, which use Modern Portfolio Theory.
Hedgeable customizes portfolios for clients by asking various questions. Hedgeable opens the array of investment options beyond Exchange Traded Funds (ETFs) to individual stocks, master limited partnerships, private equity and bitcoin. Mutual funds are not used in portfolios.
Although the firm's focus is to provide a direct-to-consumer service, Hedgeable's investment strategies are available to financial advisors and institutions as well through a variety of platforms.
Product Features
Hedgeable aims to gamify 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. Hedgeable was the winner of the Finovate Fall 2015 Best of Show Award and the GREAT 2015 Tech Award (FinTech Category).
Future Endeavors
In 2016, Hedgeable launched its first iOS mobile app in order to expand their product offerings and is looking to expand globally in the future.