WiseBanyan -- Free Online Investment Advisor

[thatrik]

This was very recently started by a friend of a co-worker at my law firm. Creates a diversified investment portfolio for free based on a quick risk assessment.

I put a small amount of money in just to test and was averaging about 5% with a "9" risk score, but pulled out for tax reasons.

Just thought I would share in case people are looking for a simple free way to invest.

https://wisebanyan.com/

 

[Matt]

Free is good - how aggressively are they pursuing AUMs?

 

[thatrik]

Free is good - how aggressively are they pursuing AUMs?

Not aggressively at the moment. There's still a waitlist to sign up; I got in pretty early, but was very pleased with the service and ease of use.

 

[InstinctX]

I started a conga line ... if you have 5 referrals, you can move up (assume slowly) up the waitlist: