What does Ethic do?
Ethic offers a platform that combines direct indexing SMAs, UMAs, model portfolios, and active tax management tools, enabling advisors and institutions to build personalized portfolios that align with financial objectives, tax planning, and personal values.
How much did they raise?
The company raised $64M in a Series D round led by State Street Global Advisors, with participation from established investors including Oak HC/FT, Nyca Partners, UBS, Jordan Park, and Fidelity, reflecting strong confidence from the market.
What are their plans for the money?
Ethic plans to use the new capital to further enhance its investment capabilities and technology, thereby better serving the needs of its advisor and institutional partners with more innovative and sustainable investment solutions.
What have they achieved so far?
The company has already made significant progress by integrating advanced tools such as direct indexing and active tax management into its offerings, positioning itself as a leader in the development of values-aligned investment strategies.
