ProNvest, a retirement planning and investment management service headquartered in Chattanooga, announced on Tuesday that it has launched Future Capital, a fintech platform designed to help Americans plan for and meet their retirement goals.
Future Capital is a natural evolution of ProNvest’s offering, which has been available to employees exclusively through their company-sponsored retirement plans for the past two decades.
By leveraging technology, Future Capital has built an exciting investment solution that can connect with
retirement account and automate important things like fund selection and rebalancing for a low monthly fee. It also offers a suite of free retirement planning tools and an IRA, all tied together on one intuitive dashboard where people can connect all of their long-term investments.
“We believe that every American, regardless of account balance, should have access to the necessary tools to help them prepare for their future,” said Jay Jumper, founder and CEO of ProNvest. “401(k)s, which for many represent the largest investment account they own, have historically been underserved by advisors. Future Capital is changing that.”
To Mr. Jumper, this mission is very personal. He was inspired to start ProNvest 20 years ago when he realized his mother, who had diligently prepared for retirement her whole life, would still have trouble attracting an investment advisor.
Mr. Jumper said, “Future Capital was designed to provide everyone with access to retirement planning services previously only accessible to high-net-worth individuals. We will continue to work to address the inequality in financial services, fulfilling our mission of equitable retirement for all.”