Posted under Venture Capital
from http://www.pehub.com 971 days ago

Polaris Venture Partners has invested $4 million in Aria Retirement Solutions. Aria Retirement, a provider of guaranteed retirement income services, will use the funds to expand its tech platform for independent RIAs.

PRESS RELEASE

Aria Retirement Solutions (Aria), a premier provider of guaranteed retirement income solutions, today announced that it has received a significant capital infusion from Boston-based Polaris Venture Partners, a leading investor in seed, early-stage and middle-market businesses.

The $4 million investment will allow Aria to expand its technology platform for independent Registered Investment Advisors.  In January, Aria introduced the first in a series of RetireOne guaranteed income solutions. RetireOne solutions are designed specifically to let Registered Investment Advisors control and actively manage investments on behalf of their clients.

“This is an important milestone as we build out our offerings to Registered Investment Advisors,” said David Stone, Aria’s Founder and CEO. “With this investment, we will continue ...

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