OctaveWealth offers investment advice through its website, using software-based models based on client-provided information. The firm focuses on helping retirement plan administrators select low-cost investment options and helping plan participants invest optimally. OctaveWealth uses a proprietary rating system to recommend investments, primarily U.S.-listed ETFs and index-tracking mutual funds. Clients can adjust portfolios based on their preferences and view performance simulations. OctaveWealth offers these services on a discretionary basis.
Fee Structure
OctaveWealth assists retirement plan participants in building a portfolio of investments suitable for their risk tolerance and retirement goals. Using proprietary models, OctaveWealth offers clients a globally diversified portfolio as a starting point. Clients can then make adjustments to that portfolio based on preferences, and view historic performance and simulated future performance. Once clients have chosen a target-portfolio, OctaveWealth will purchase securities on their behalf to replicate this. On an on-going basis, OctaveWealth will re-balance clients’ accounts to bring it back in line with their target-portfolio, as the value of their holdings change.