This publish is sponsored by Delaware Prosperity Partnership
Investor Money Administration (ICM) is working with Delaware State College to assist the college promote monetary wellness.Amongst ICM’s different companions are BNY Mellon, PIMCO, Visa, Trusted Capital Group/HUB Monetary, and the Nationwide Training Affiliation.Initially headquartered in Chicago, ICM relocated its headquarters and customer support middle to Wilmington, Delaware final 12 months.
Delaware-based Investor Money Administration (ICM) is on a mission to assist traders of all stripes obtain their monetary objectives.
“We’re serving to people construct wealth by providing a greater monetary product that eliminates the charges, confusion and inaccessibility historically related to investing,” stated ICM CEO Fred Phillips. “We’re making a group the place everybody has equal entry to high quality funding funds, together with these beforehand unavailable to many people.”
ICM develops API-based know-how that hyperlinks investor money administration accounts on to each a checking account and a brokerage account. The corporate’s know-how transforms funding merchandise reminiscent of mutual funds, ETFs, and shares into digital currencies that customers can transact with utilizing a debit card, ATM, P2P switch, and on-line invoice pay. In consequence, traders obtain increased returns and speedy entry to their financial institution and brokerage property.
Among the many firm’s companions are BNY Mellon, PIMCO, Visa, Trusted Capital Group/HUB Monetary, the Nationwide Training Affiliation, and– most just lately– Delaware State College (DSU), a Traditionally Black School or College. DSU is an efficient match for ICM due to its deal with educating monetary literacy to its college students and alumni. The College has built-in ICM’s monetary wellness product into its present monetary literacy program.
“Investor Money Administration is proud to offer the know-how that empowers Delaware State College to ship actionable monetary schooling and cut back persistent, pernicious gender and racial funding gaps,” stated Phillips. “Via our mission-driven partnership to democratize funding, DSU’s program gives entry to modern monetary companies and a basis to develop merchandise that deal with necessary wants of the broader group.”
In one other effort to again its mission of supporting underserved traders, ICM has partnered with The Chicago Community, a corporation of distinguished and influential feminine leaders whose goal is to empower girls to guide. The group just lately honored Delaware Lieutenant Governor Bethany Corridor-Lengthy and Illinois Lieutenant Governor Juliana Stratton for supporting the development of girls leaders in enterprise, finance and know-how.
Launched in Chicago in 2018, ICM relocated its headquarters and customer support middle to Wilmington, Delaware final 12 months. The corporate expects to make use of greater than 400 folks by the tip of 2024. Backed by the founders of Morningstar and Ariel Investments, ICM has been listed by Capgemini and UBS as one of many world’s 10 main fintech firms. Earlier this 12 months, the corporate was chosen for one in every of 20 inaugural PHL Inno Fireplace Awards.
Study extra about fintech in Delaware by visiting the Delaware Prosperity Partnership web site or by contacting Becky Harrington, DPP’s vp of Enterprise Improvement, at [email protected].
Picture by Alex Korolkoff on Unsplash
