Investable Wealth Management is an automated investing application that allows individuals to link their payroll or bank account to a brokerage account and invest in precurated investment portfolios. Investable's primary source of clients are via employers with whom Investable has entered into a Subscription-as-a-Service Agreement. Investable constructs investment portfolios consisting of both passive index funds and actively managed ETFs. Clients may select one of the curated model portfolio strategies based on the asset allocation that best fits their goals.
Fee Structure
Investable Wealth Management charges a flat monthly fee for advisory services. The maximum monthly fee is $4.95. For accounts with a balance of less than $200, Investable generally does not charge any monthly fees. Investment fees for Covered Employees are fully paid by the employer; therefore, clients that are Covered Employees do not pay Investable any investment advisory fees.