Ellevest

Ellevest, Inc. is a registered investment adviser founded in November 2014, dedicated to helping women close the gender investment gap. Led by CEO Dr. Sylvia Kwan, the firm offers Private Wealth Management and Personal Wealth Management services, specializing in managing client assets to reduce fees, taxes, and risks through diversification. Ellevest's investment strategy does not involve market timing or active bets on specific assets. Clients provide financial information for a tailored investment plan, with discretionary management subject to client limitations. The firm offers fee-based services with advisory fees ranging from 35 to 125 basis points per year based on account balances. Ellevest may recommend sustainable investments and offers financial planning consulting services. The firm has assets under management of $2.1 billion as of February 2025. Ellevest does not compensate for client referrals and does not engage in performance-based fees. The firm has no disciplinary events and uses Charles Schwab & Co., Inc. as its custodian and broker. Ellevest exercises investment discretion and may aggregate client trades for best execution. Clients receive regular account reviews and performance reports. Ellevest does not maintain physical custody of client assets and does not participate in class action lawsuits. Clients are advised on IRA rollover considerations and are encouraged to consult with tax professionals before making decisions.