Addepar Tops $1 Trillion in Assets and Looks to Expand Team

By Michael Thrasher

In less than two years, wealth management software company Addepar has doubled its assets on the platform, which now top $1 trillion, CEO Eric Poirier wrote on LinkedIn on Wednesday, and the company anticipates that growth rate will continue.

Since the company was founded in 2008, more than 300 financial services firms, including broker/dealers, registered investment advisors and private banks, have partnered with Addepar to aggregate and analyze investment data, freeing up time for advisors who were previously committed to doing some of those tasks manually.

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