invsty

Invsty is a digital investment platform that allows users to invest in a diversified portfolio of stocks, bonds, and other assets with as little as $5. The platform was launched in 2018 and is headquartered in New York, United States. Invsty uses a robo-advisory model, which means it employs algorithms to automatically manage and rebalance users' portfolios based on their risk tolerance, investment goals, and time horizon.

The platform offers several investment options, including:

Target-date funds: These are funds designed to adjust their asset mix automatically to become more conservative as the target date approaches, typically used for retirement savings.

Sector funds: These funds invest in specific industry sectors, such as technology, healthcare, or consumer goods.

Individual stocks and bonds: Invsty allows users to invest in individual securities, providing more control over their portfolio.

Invsty charges a management fee of 0.25% per year for its automated investment services. The platform also offers a cash management account with no fees for users who prefer to manage their own investments.

Invsty is regulated by the Securities and Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC). This ensures that users' funds are protected and that the platform operates in accordance with securities laws.

The platform is designed to be user-friendly, with a simple and intuitive interface that allows users to easily monitor their investments, make changes to their portfolio, and access educational resources. Invsty also offers customer support through email, phone, and live chat to assist users with any questions or issues they may have.

In summary, Invsty is a convenient and affordable digital investment platform that leverages technology to provide automated investment management services to users. The platform's diverse range of investment options, low fees, and robust regulatory framework make it an attractive choice for both novice and experienced investors.