Etico Financial raises $10 million

New York-based wealth advisory platform Etico has closed a $10 million funding round from Eos Ventures, a global venture capital fund.

Eos’ investment will fund new technology development, marketing infrastructure, expanded advisor transition and back-office support – strengthening Etico’s mission to help investors and independent advisors through all stages of their financial life.

“New capital allows us to double down on what matters most—supporting remote, independent advisors who want to scale their businesses and deepen client relationships without being weighed down by operational burdens or the shifting agendas of aggregators. Our bespoke wealth management platform empowers legacy advisors to grow with confidence and transition their practices to the next generation of professionals.” – Joe Leo, CEO of Etico.

“From the moment we met the Etico team, we were impressed with their deep domain expertise, go-to-market approach, and commitment to providing unparalleled service to independent advisors. Etico offers a modern platform for the leading independent advisor to attract, grow, and transition their practices.” – Zach Powell, General Partner at Eos, will join the Etico Board of Directors. Eos is the first institutional investor.