Predict your next investment

INTERNET | Internet Software & Services / Asset & Financial Management & Trading
motif.com

See what CB Insights has to offer

Founded Year

2010

Stage

Asset Sale - II | AssetsPurchased

Total Raised

$126M

About Motif Investing

Motif Investing is a next-generation online broker that is pioneering concept-driven investing for individuals and financial advisors. The company, based in Silicon Valley, allows investors to trade a motifs-an intelligently-weighted basket of stocks and bonds built around themes, investing styles, or multi-asset models-in single transactions for low fees. Motif Investing is a registered broker-dealer and a member of SIPC.In 2020, Motif's accounts were sold to Folio and it's patents, technology, and the team were purchased by Charles Schwab.

Motif Investing Headquarter Location

P.O. Box 3548

Rancho Cordova, California, 95741,

United States

855-586-6834

Latest Motif Investing News

Motif Investing to Close its Doors

Apr 30, 2020

Finovate After ten years in the investment space, online brokerage platform Motif will be shutting down operations on May 20. The company notified users via email on April 17 in a message saying, “At this time, we’ve made the decision to cease operations and transfer your account to Folio Investments.” Motif was founded in 2010 by Tariq Hilaly and former Microsoft executive Hardeep Walia, who debuted the company’s build-your-own motif concept at FinovateSpring 2013. Since its launch, the company amassed $127 million in funding from investors including Y Combinator, TechStars, and 500 Startups. In March, Motif reported $604 million in assets under management between individual accounts and institutional clients. The company also reported around $264 million in assets held in the ETFs it launched in conjunction with Goldman Sachs. Last month, Motif deepened its ties with Goldman Sachs, ringing the opening bell of the New York Stock Exchange in celebration of launching five new ETFs in partnership with the bank. As mentioned in Motif’s statement to its users, the company is transferring users’ accounts to Folio Investing . “We appreciate the opportunity we’ve had to work with you, and we are confident that your investment needs will be well-served by Folio,” the email said. Folio was founded in 2010 and offers 2,000 commission-free, window trades per month, most of the ETFs listed on the U.S. national securities exchange, 1,100 no-load mutual funds, and almost 125 pre-made portfolios. While some Motif users have publicly complained about the company’s choice in the new provider, some fintech firms, including M1 Finance, have taken the opportunity to bring Motif’s users over to their platforms. As ThinkAdvisor noted in a piece published last week, Motif’s news is a signal of what’s to come for smaller players in fintech. In fact, many analysts have noted that the recent pandemic and economic crisis will drive consolidation in the industry.

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Research containing Motif Investing

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Motif Investing in 4 CB Insights research briefs, most recently on Sep 30, 2020.

Expert Collections containing Motif Investing

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Motif Investing is included in 3 Expert Collections, including Wealth Tech.

W

Wealth Tech

1,137 items

A category of financial technology that is digitizing & streamlining the delivery of wealth management. Included: Startups that offer technology-enabled tools for active and passive wealth management for retail investors and advisors.

B

Banking

380 items

Startups providing solutions to banks to automate processes and operations.

F

Fintech

7,256 items

US-based companies

Motif Investing Patents

Motif Investing has filed 4 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

5/4/2012

6/10/2014

Financial markets, Stock market, Bonds (finance), Seafarers' trade unions, Remote desktop

Grant

Application Date

5/4/2012

Grant Date

6/10/2014

Title

Related Topics

Financial markets, Stock market, Bonds (finance), Seafarers' trade unions, Remote desktop

Status

Grant

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.