Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Startup Promises Funds it is a Matchmaking Gem Not Rated 5.0 Email Routing List Email & Route  Print Print
Monday, May 24, 2010

Startup Promises Funds it is a Matchmaking Gem

News summary by MFWire's editors

An online fund screener called Jemstep matches retail investors with mutual funds based on personal investment preferences. Barron's profiled the firm this weekend, which is in its final testing phase and preparing to launch its beta version.

"We think of it [Jemstep] as Morningstar meets eHarmony," said Chief Operating Officer Kevin Cimring in the article.

Instead of basing recommendations on growth rates or other sophisticated measurements, Jemstep uses an algorithm to match a user's investment styles and with a line-up of 18,000 mutual funds. Fund selection also takes into account when investors will need the assets. The company will also soon add stocks and ETFs to its offering, according to the Jemstep website.

Jemstep is a register investment advisor and makes its revenue by selling ad space and collecting referral fees from broker-dealers. 

Edited by: Daniel Tovrov


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

5.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use