CNBC personal finance editor to start online magazine

Jennifer Barrett, who left CNBC.com last month as its personal finance editor, has been hired by investment application Acorns to start an online magazine offering financial advice to millennials.

Her title at the company is vice president of editorial, and she will be founding editor of Grow. The site is expected to launch next month.

“Millennials are engaged consumers committed to achieving their long-term financial goals, and Acorns is all about helping them get ahead on a daily basis,” said Barrett in a statement.  “An important part of delivering on this promise is helping them understand and navigate the many small decisions that can have a big impact on their personal finances.  With Grow, we’re going to do just that.”

Before CNBC, Barrett was senior vice president and editor-in-chief at DailyWorth, a financial media company serving women.  Prior to DailyWorth, she was general manager of the Women & Teens Group at Hearst Digital, overseeing the Cosmopolitan, Redbook and Seventeen sites.

Barrett is the co-author of two personal finance books and has covered financial topics for publications including the Wall Street Journal, New York Times, Washington Post, Worth, Money and Newsweek, where she was a writer and editor for seven years.