Grove (finance company)

Grove (finance company)

Grove is a company that has creates financial plans and advice

Grove is a company that primarily provides planning and advice for financial purposes. The company was founded by Chris Doyle and Chris Hutchins in 2015, in San Francisco, California, United States.

The company offers customers a financial personal trainer which is there to create a plan the client can work with. The company also created their own proprietary software to assist their Certified Financial Planners in order to reduce the price of their financial advice. Grove's platform is set at $65 for the monthly subscription, and comes with a $560 for a one-time setup fee.

Users are also able to set up portfolio management with Grove Invest that holds a cost of 0.25% on balances above $100,000. Couples who use Grove are able to pay a single subscription fee, and every user has a dedicated Certified Financial Planners. The company doesn't offer in-person meetings.

Grove was acquired by Wealthfront in . The company has joined Wealthfront in order to build Self-Driving Money to assist their customers.

Timeline

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
Grove (finance company) Seed round, January 2015
3 Results
Results per page:
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People

Name
Role
LinkedIn

Andre Gharakhanian

Attorney

Bini Lee

Employee

Chirag Davé

Employee

Chris Doyle

Founder

Chris Hutchins

Founder

Daniel Burka

Investor

Derek Shockey

Employee

Erik Torenberg

Investor

George Galat, CFP®, MSFP/MTAX

Employee

Irene Lee

Employee

J.J. List

Investor

Jake Gibson

Investor

Jason Camm

Investor

Jean Sini

Advisor

Joe Kraus

Investor

Kevin Schaefer

Employee

Leotie Fukawa

Employee

Leslie Mallman

Employee

Liz Lazor

Employee

Matt Mazzeo

Investor

Michael Storm

Employee

Patrick Weiss

Advisor

Ryan Lucero

Investor

Samvit Ramadurgam

Investor

Yael Gilboa

Employee

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Further reading

Title
Author
Link
Type
Date

Grove

Web

Grove - Funding, Financials, Valuation & Investors

Web

Grove Financial Planning Review 2019: Pros, Cons & How It Compares

Dayana Yochim

Web

June 28, 2019

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

Grove

Chris Hutchins

San Francisco, California, United States

Insurance

References

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