Look out for:
Robinhood will soon open up its no-fee, high-yield cash management account to the public, which comes with a debit card and up to $1.25 million in FDIC insurance.Account types: As fears surrounding the coronavirus outbreak sent markets plummeting — and then back up — Robinhood experienced When you link your debit or credit card, Acorns will automatically round up each purchase to the nearest dollar and invest the unspent change in your portfolio. Through Acorns Found Money, an additional percentage of each purchase at select brands, including Walmart, Nike, Airbnb, and Lyft, will be deposited into your investment account. It's like cash back, but the money goes directly toward your investments.
Then, this female-forward online adviser takes it a step further and considers your gender, lifespan, and earning potential to create a custom portfolio of ETFs . Ellevest charges a fee of just 0.25% of your balance for ongoing monitoring and rebalancing. Once your balance reaches $50,000, that fee increases to 0.50%, but you'll get direct access to personal financial planning and career coaching. Investors with $1 million or more qualify for private wealth management.
Interactive Brokers for large balance accounts!
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