Centoic operates as a digital advisory platform that helps individuals plan and save for education expenses. Rather than working with a traditional human advisor for daily portfolio management, clients use an interactive website and self-service tools to estimate future education costs, set savings goals, select appropriate index funds, exchange-traded funds, and mutual funds, and monitor their progress over time. Centoic does not manage client portfolios directly or hold client funds; clients maintain their own accounts at separate banks or brokerage firms and execute trades themselves. Centoic offers tiered subscription plans to access its online tools and educational content, as well as optional hourly consulting services with an investment advisor representative for personalized guidance.
Fee Structure
- Website subscription plans — $50 to $500 annually (or $5 to $20 monthly depending on the tier), providing access to interactive education savings tools, goal calculators, portfolio guidance, and periodic progress updates.
- Hourly consulting services — Up to $500 per hour for personalized financial planning and investment guidance from an investment advisor representative.