OpenInvest
OpenInvest, a J.P. Morgan company, is the first technology-backed, socially-responsible investment asset management platform that aligns your investments with your values. A pioneer in values-based investing, OpenInvest is dedicated to using technology to bring honesty and transparency to financial services, while making socially responsible investing easy and more accessible. The platform’s proprietary technology seamlessly creates low-cost investment portfolios tailored to your values, while tracking market indices. OpenInvest also offers environmental, social, governance (ESG) investment management products and impact reporting services.
ABOUT OPENINVEST
OpenInvest is the first automated socially responsible investing tool in the world.
It is the leading financial technology company that helps financial professionals customize and report on values-based investments.
The platform helps consumers mix and match investments to reflect the values they care about and create a portfolio that reflects their interests and causes.
Their initiatives include fighting deforestation, reducing emissions, investing in ethical supply chains, or supporting more diverse workforces.
Its multi-source ESG data provides robust, granular and up-to-date impact reporting for clients.
OpenInvest is a former public benefit corporation backed by firms like Andreessen Horowitz and YCombinator.
ACQUISITION BY J.P. MORGAN
J.P. Morgan acquired OpenInvest in 2021, integrating the fintech company into its Private Bank and Wealth Management client offerings.
It is the third acquisition of a fintech startup by J.P. Morgan, after acquiring 55ip and Nutmeg.
Through OpenInvest, J.P. Morgan offers automated and relatable sustainability reporting.