Covestor Boston Office

Covestor matches smart self-directed investors with exceptional Portfolio Managers.

We’re an online investment marketplace for individuals looking for a better way to invest. Our platform and technology allow us to deliver specialized active and passive investing solutions at a lower cost and with the benefit of online convenience. We give investors access to institutional style investment strategies, delivered in the security of their own brokerage accounts.

Covestor is a registered investment adviser.


Our history

2015

Acquired by Interactive Brokers Group.

Covestor’s subscriber base tops 80,000.

2014

Surpassed $1 billion in cumulative trade volume since inception.

Launched portfolios with performance fees for Qualified Clients.

Created simple search process, automatically generating portfolio suggestions for self-directed investors.

Covestor’s subscriber base tops 50,000.

2013

Created new client sign-up process with streamlined options for funding and account creation.

Introduced search algorithm functionality to help clients pick portfolios.

Launched multi-manager portfolios.

Raised Series B round of funding.

Covestor’s subscriber base tops 25,000.

2011 - 2012

Launched investment management marketplace for clients to identify, analyze, and invest in portfolios covering a wide range of sectors, strategies and risk levels.

Created new client console with industry-first timeline of manager commentaries, trades, and account activity providing clients with transparency and control.

Covestor’s subscriber base tops 10,000.

2007 - 2010

Established US office.

Raised Series A round of funding.

Registered with the US Securities and Exchange Commission (SEC) to offer investment advisory services.

Developed technology with real-time trade replication enabling investors to follow the trades of successful managers automatically.

Launched as a free service for investors to track trades and build track records.

Covestor founded in London.