The financial services industry is one that changes constantly, and new companies often enter the market to meet the growing needs of consumers. The same is true of the brokerage industry, which has seen a number of new companies launch in recent years. One such company is Angel One Brokerage, which launched in early 2019. This article will give you a brief history of Angel One Brokerage so that you can understand more about this company.
1996 – 1999: Angel One is Founded
Angel One was founded in 1996 by Gary Sholkin, who was a well-known figure in the financing industry at the time. The company started out operating under the name Angel Investment Network (AIN), and its goal was to help investors find companies that they could invest in. AIN would match up investors with companies that were looking for funding and would take a fee for the service. Over the next few years, AIN grew to become the largest online investment network, and the company launched a number of new ventures that helped it diversify and expand its services. AIN also began to offer mutual funds and other types of financial products that would benefit its customers.
2000 – 2009: Mergers, New Ventures and Acquisitions
In 2000, AIN merged with Mergent, a company that provided business and financial data to help investors make better decisions. The company opened its commodity broking Division in April 2004. AIN would also acquire a number of companies over the next decade, including Wall Street Journal Communications, Inc., Wall Street Journal Live, and MyStockPro. In 2006, AIN was acquired by Thomson Corporation, which is a large media conglomerate. Thomson would later change its name to Thomson Reuters, which is the name the company operates under today. In 2008, Thomson Reuters acquired Standard & Poor’s (S&P), which is another large financial company.
2010 to present: Recent Developments
In 2019, Thomson Reuters launched Angel One Brokerage, a new online brokerage service. Angel One was designed to appeal to younger investors who are looking for an easier way to start investing. Unlike other brokerage services, Angel One is completely free to use and doesn’t require you to make a large initial investment. Angel One is also designed to be very user-friendly, so investors of all skill levels can get started quickly. You can use the website to track the stocks in your portfolio, get investment advice, and even make automatic trading decisions so that you don’t have to do everything manually. Angel One also has a mobile app that allows you to manage your investments on the go. Overall, Angel One is a great choice for people who want to get started investing but don’t want to pay a high fee or make a large initial investment.
Conclusion
Thomson Reuters is a large global company that provides a range of services. One of its subsidiaries is Angel One, which is an online brokerage that is tailored to younger investors who want to get started quickly. Angel One is completely free to use, and it offers a number of helpful features that make managing your investments easier. If you are thinking about getting started with investing, you should consider using Angel One. This brokerage service is designed for people who want to start investing with little effort.