Former Securities and Exchange Commissioner Luis A. Aguilar Joins Personal Capital's Board of Advisors

SAN FRANCISCO, June 6, 2017 /PRNewswire/ -- Digital wealth management firm Personal Capital today announced that former Securities and Exchange Commissioner and advocate for investors small and large Luis A. Aguilar has joined the company's Board of Advisors.

"We're thrilled to add Luis to our board of industry leaders with rich backgrounds in nurturing fast-growing firms like Personal Capital," said Bill Harris, Personal Capital founder and Chairman. "And with his history of championing for consumers' financial rights, Luis will be a great partner for us as we fight for a higher standard of transparency in wealth management and financial advice."

Mr. Aguilar was appointed to be an SEC Commissioner by President George W. Bush in 2008. He was reappointed by President Barack Obama in 2011 and served in that capacity until December 2015 when his term expired. Mr. Aguilar is the eighth longest standing Commissioner in SEC history and one of only three Commissioners to have been nominated by two U.S. Presidents from two different political parties.

Prior to his time at the SEC, Mr. Aguilar focused on corporate and securities law as a Partner with the international law firm McKenna Long & Aldridge, LLP. Mr. Aguilar also held roles as General Counsel & EVP, Compliance, and Corporate Secretary of investment management company Invesco, Inc., as well as a Partner at law firms Alston & Bird LLP, Kilpatrick Townsend & Stockton LLP, and Powell Goldstein Frazer & Murphy LLP. Aguilar is a major advocate for consumer and minority rights, with honors for his leadership of Hispanic and African American rights, including his sponsorship of the SEC's Hispanic Employment Committee and African American Counsel.

Mr. Aguilar currently also serves on the boards of Envestnet, an investment technology leader, Donnelley Financial Solutions, a financial communications and data services company, and MiMedx, a biopharmaceutical company.

"It is critical for consumers to have organizations like Personal Capital fighting for change in the financial industry and ensuring easy, transparent access to financial accounts and investment advice," says Mr. Aguilar. "I'm very excited to join the Board of Advisors and be part of a company that is working to empower investors to take control of their futures. I have long admired the firm's focus on what is right for consumers and not just the bottom line, where so many others seem to be focused."

To learn more about Personal Capital, visit www.personalcapital.com.

About Personal Capital

Personal Capital is the smart way to track and manage your financial life. Personal Capital combines award-winning online financial tools that provide unprecedented transparency into your finances with personal attention from registered financial advisors. The result is a complete transformation in the way you understand, manage and grow your net worth.

Marianne Ahlmann | Personal Capital | [email protected]

SOURCE Personal Capital

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