This post is was originally published on Investor Junkie
Ellevest is a robo investing platform made for women and designed for women. It was founded in 2016 by Sallie Krawcheck, a former Wall Street executive who felt investment firms don’t customize its services enough for women. Women still earn less than men and are more likely to leave the workforce to raise children. In addition, women live longer and tend to have different investing philosophies than men.
Investor Junkie reviewed Ellevest and overall think the service is a solid addition in the robo-advisor lineup.
When a customer signs up, they are asked their income, money goals, family responsibilities, etc. The platform will then customize a portfolio based on this information. Clients can change their goals anytime and Ellevest will adjust their portfolio.
Get Cash Back for Joining Ellevest
You read that right. If you sign up to Ellevest using the link below, they will bonus your account with cash, how much cash depends on how much you transfer. For example:
|Deposit Amount||Cash Bonus|
|$10,000 – $24,999||$25|
|$25,000 – $49,999||$75|
|$50,000 – $99,999||$150|
|$100,000 – $249,999||$300|