Ellevest is an online investment platform that’s geared toward bringing more women into the investment industry. Co-Founded by its current CEO Sallie Krawcheck, Ellevest seeks to narrow the gap between men and women Investment Advisors.
According to Ellevest, over 86% of investment advisors are men with an average age of 50 years old. Also, because of the gender pay gap which favors men, women will have $320,000 less than men when they retire at age 67. These are just some of the issues that animate Ellevest.
Who Is Ellevest Good For?
Ellevest’s stated goal is to bridge the gap between men and women investors. And while the platform welcomes everyone– both men and women– its services are marketed more towards women.
If you are a female looking for investment, retirement planning, or wealth management services, it might be worth your time to give Ellevest a call.
Ellevest Services
Ellevest is still a relatively new company. It has been around since 2016, and since that time, they have developed the following services:
- Investing
- Retirement
- Debt management
- Career Coaching
- Salary, raises, and promotion negotiation
Ellevest Digital: Investing
Retirement Planning
Ellevest recognizes that no two people are the same, therefore, they use a customized approach to retirement planning.
They look at your age, education, earning potential, age, gender, along with your retirement goals to create a customized plan for you.
Ellevest’s goals-based investment strategy ensures that your investment portfolio is crafted with your goals in sight.
To mitigate the inherent risk in investing, the company diversifies its investment over 21 different asset classes. Compared to other investment platforms — like Wealthfront, which invest in only 11 different asset classes– Ellevest’s risk is pretty spread out.
Debt Management
Career Coaching
Salaries, Raises, and Promotion Negotiation
Ellevest Investment Methodology
Asset Allocation
Goal-based Portfolios Created Around Risk Capacity
Investment Plan Recommendations
Investment Forecast
Portfolio Management
How To Start Investing With Ellevest
Private Wealth Management
Retirement Accounts
Why Ellevest?
21 different asset classes
Ellevest Fees
The post Ellevest Review: The Pro, Cons And Details appeared first on WholesomeWallet - Get Better With Money.