InvestCloud Layoffs
Industry Finance · Location Los Angeles · United States · Subscribe (RSS)
InvestCloud has 2 publicly reported layoff rounds on record between October 6, 2023 and March 10, 2026. A total of about 230 employees were affected across these rounds.
Layoff history
InvestCloud, the Los Angeles-based wealth-management technology provider, laid off about 150 employees on March 10, 2026, according to sources cited by Citywire. The cuts hit the firm's digital wealth division, including teams building its financial planning, advisor experience and client experience software. Reporting indicated this was the second round of reductions in roughly six months. The company did not publicly disclose a stated business reason, severance terms, or executive commentary on the cuts. InvestCloud provides software platforms used by registered investment advisors and financial institutions.
Reason: not disclosed
Source: citywire.com
InvestCloud disclosed a workforce reduction affecting its Los Angeles operations in October 6, 2023. Approximately 80 roles were eliminated.
Source: citywire.com
Data for InvestCloud is compiled from public WARN Act filings and reporting linked above. See our methodology.