Etico Secures $10M Investment to Empower Independent Advisors

Etico Financial, a platform that provides modern wealth advisory for independent financial advisors, has acquired $10 million in funding from Eos Ventures. The objective of this investment is to bolster Etico's platform, cementing its status as a premier support system for independent advisors looking to expand their operations and fortify client relations. The capital injection will be directed towards new technology development, enhanced marketing infrastructure, and improved back-office support. Zach Powell, a General Partner at Eos Ventures, will join Etico’s Board of Directors, marking Eos' role as the first institutional investor. Etico is determined to use this opportunity to continue empowering remote advisors while providing them with robust support for scaling and transitioning their practices.