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BlackRock Reportedly Sells FutureAdvisor's Direct-to-Consumer Business to Ritholtz Wealth Management
Abstract：According to the report, BlackRock, the world’s largest asset management company, sold FutureAdvisor’s direct-to-consumer business to an investment advisory company called Ritholtz Wealth Management.
According to the report, BlackRock, the world‘s largest asset management company, sells FutureAdvisor’s Direct-to-Consumer business to an investment advisory company called Ritholtz Wealth Management.
Details&Background
BlackRock, the world‘s large asset manager, reportedly sells Robo-Advisor(FutureAdvisor)’s direct-to-consumer business to Ritholtz Wealth Management. According to an email that FutureAdvisor sent to its client, FutureAdvisor has informed retail customers that it will be sold by BlackRock to a New York-based investment company called Ritholtz Wealth Management. Later on, Ritholtz Wealth Management confirmed the acquisition case but did not release further details on it.
As far as we know, FutureAdvisor is a Robo-Advisor company and it was acquired by BlackRock in 2015. BlackRock claimed that FutureAdvisor would be managed under BlackRock Solutions since the acquisition. According to a source in April 2022, FutureAdvisor has about clients funds worth 1,700,000,000 US dollars. There were around 30,600 clients at that time doing business with FutureAdvisor.
About Ritholtz Wealth Management
Ritholtz Wealth Management is a registered investment advisor. According to investor.com, this company is registered in 2013 and manages about $2.7 billion, and provides investment advisory services for about 2,000 clients. It mainly focuses on the American market, providing a variety of financial planning services for Americans. The headquarters of Ritholtz Wealth Management is 24 West 40th Street, 15th Floor. New York, NY 10018.
About BlackRock
BlackRock is the world‘s large asset management company The headquarter of this company is located in New York City. It has 30 offices in 70 countries around the world, with clients in 100 countries. Its main business is to provide investment management, risk management, and financial consulting services for corporate and retail channels. Recently BlackRock has just claimed that central banks are ’deliberately causing recession and warned of a downturn unlike any other.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Further Reading
WikiFX Successfully Concludes the Journey at Wealth Expo Colombia 2026, Further Expanding Influence
On May 30, WikiFX participated as an official partner at Wealth Expo Colombia 2026, engaging in extensive exchanges with investors, trading professionals, IBs, KOLs, fintech institutions, and industry partners from Latin America and around the world. The event attracted significant attention on-site, once again demonstrating WikiFX’s growing brand influence and industry recognition across the LATAM market.
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Walk into any forex marketing pitch in India in 2026 and the first claim you will hear is some variation of "we are regulated by multiple international authorities". The implication is obvious — multiple regulators equals safer brokers. But after WikiFX has documented thousands of complaint cases from Indian and other South Asian traders, one inconvenient truth has become impossible to ignore: Not all regulatory licences are equal. Not even close. A broker can claim "regulated by 5 authorities" — and if those 5 authorities are all offshore-tier (MISA, Vanuatu, Seychelles, Saint Lucia, Comoros), it offers approximately the same protection as no regulation at all. Meanwhile, a single FCA or ASIC licence carries more practical investor protection than a dozen offshore registrations stacked together. This is the WikiFX 2026 ranking of forex brokers by genuine regulatory credibility — measured not by quantity of licences, but by the strength and enforcement weight of the regulators behind
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