I would like a developer, or a development team, to build me a clone of Acorns or Stash.
Their business model is to charge fees of $1/month for accounts under $5,000, which is obscene since the average account balance is about $200. This equates to about 6% annual fees PLUS the ETF fees. Criminal!
If you have over $5,000 they charge 0.25% per year to allocate to a collection of ETFs.
I’d like to fund, build, and launch a free version. No $1 fee, no 0.25% management fee.
Who can build this for me? (Or know someone that can?)