MoneyByrd provides a platform to administer "baby bonds," an asset-building program aimed at closing the wealth gap. MoneyByrd works with government entities, non-governmental organizations, and individuals (funders) to fund investment accounts for in-need individuals (beneficiaries). MoneyByrd provides investment advice based on the expected needs of the beneficiaries and the goals of the funder. Beneficiaries can access funds at age 18 for asset-building purposes. MoneyByrd does not directly manage investments for individual investors.
Assets Under Management$110K
ClientsN/A
Advisors1
Avg. per ClientN/A
Avg. per Advisor$110K
Fee Structure
Minimum Investment:None
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 0.25% |
Fee is non-negotiable. Financial literacy training is generally free for program participants but MoneyByrd may charge program sponsors for access.
Fee Estimator
Your Portfolio Value
$500K
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Estimated Annual Fee
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