Friday, November 22, 2013

SigFig: Free Investment Protector

It is unfortunate to be burdened by bad investments and hidden fees. It is good that there are companies like SigFig that helps in tracking and protecting investments for free.

SigFig’s solution integrates investment stuff in one dashboard – funds, stocks, IRA, and 401Ks. This helps the investor to take a look at his investments at one glance, using a desktop or any mobile device. Based on the data available, SigFig will run portfolio tests in order to provide unbiased and data-driven investment advice. It signals for underperforming investments, unnecessary brokerage fees, and overcharges from money accountabilities.

Security at SigFig is of prime importance. SigFig implements bank-level security. To prevent anyone from moving money or making trades, it also functions as read-only. Using the same encryption and security practices as those employed by banks and other financial intermediaries, SigFig has been helping over half a million users manage more than $40 billion worth of investments.

No comments:

Post a Comment