Ursa, now available in the App Store, offers the first personalized research-driven actively managed robo advisor to bridge the gap between the excitement and control of DIY commission-free brokerages and the effortlessness of robo advisors.
SAN FRANCISCO, November 19, 2020 – Ursa, a San Francisco based startup, today announced its launch of the first personalized research-driven actively managed robo advisor, now available on the App Store. Ursa bridges the gap between the excitement and control of DIY commission-free brokerages and the effortlessness of robo advisors.
Ursa guides investors to actively manage a diversified stock portfolio with minimal effort. Ursa takes the leg work out of investing—researching stocks, curating relevant news, and automating portfolio management while empowering users to make stock decisions.
“Ever since I left finance, coworkers were always asking me how to start investing, what stocks to buy, how to build a portfolio? That’s really how Ursa got started.” said Ryan Jue, Cofounder and CEO of Ursa. “We’re building an educational, interactive experience around investing in a diversified portfolio while simultaneously making this experience as effortless as possible.”
Ursa makes investing effortless and fun. Ursa researches S&P 500 companies to curate a recommended list. Users match to a portfolio strategy and initial 20 stocks diversified across sectors. Users customize their portfolio by swapping stocks within the recommended list. Ursa curates relevant news, insights and recommendations in an educational, digestible format.
“With the surge of new investors this year, we wanted to provide an alternative to YOLO investing.” said Brandon Jue, Cofounder and CTO of Ursa. “What excites me is offering users a diversified research-driven investing platform with guiderails.”
Ursa has partnered with DriveWealth, a leading global brokerage infrastructure platform, as its custodian. DriveWealth’s turnkey brokerage API has enabled Ursa to quickly and efficiently build from concept to MVP in less than three months.
Ursa is a curated robo advisor guiding investors to actively manage a diversified stock portfolio with minimal effort or experience. Ursa takes the leg work out of investing by researching stocks, curating relevant news, and automating portfolio management while users get to pick the stocks. Ursa is developed by Ursa Technologies, Inc., a San Francisco based startup. Investment management and advisory services are provided by wholly-owned Ursa Financial, LLC, an SEC-registered investment adviser.
DriveWealth is an API-driven global brokerage infrastructure platform powering both traditional and innovative investment experiences for more than 50 partners in over 150 countries. DriveWealth’s mission is to reshape the world of retail investing by enabling banks, global brands, and Fintechs to provide investment access and advice to underbanked and underserved customers that was previously only available to the wealthy. For more information, please visit drivewealth.com.
Cofounder & CEO