How We're Different
How They Work
Most financial advisory firms run on outdated technology platforms that piece meal together a number of different software programs that don't work well together, and the user experience can be complex.
How Ithaca Wealth Management Works
- Our investment platform is powered by Altruist, a brand new fintech company that offers an easy to use investment experience.
- We're a digital first company, which means you can open your account and fund it all online in a matter of minutes.
- Stay on top of your finances with a smartphone app, your portal to view your investment holdings, performance, and move money.
- Enjoy $0 trade commissions and fractional share investing.
How They Work
Not all financial advisors are fiduciaries. In fact, 90% of them are not legally required to act in your best interest. Often, they sell proprietary investment products and make commission off of what you invest in.
How Ithaca Wealth Management Works
- We're fiduciaries, legally bound to always act in your best interest.
- We don't sell propreitary investment products or earn commission.
- We work with you to build a portfolio that suits your needs.
- Our investment recommendations are tailored to your personal situation.
How They Work
Many financial advisors will only do business with individuals who have a minimum $500,000 to invest, and often use standardized portfolios for smaller accounts. This restricts young professionals who are still building their career from receiving quality financial advice.
How Ithaca Wealth Management Works
- We believe anyone should be able to receive quality financial advice, no matter what stage they're at in life.
- That's why we offer $0 account minimums, so you can start investing today and take advantage of compound interest.
- We will create a customized portfolio that can help you reach your goals, no matter what the size of your account is.
How They Work
Financial advisors are rarely transparent with the fees they charge, and they have a number of different fees. Hourly consultation fees, financial planning fees, trading and commission fees, and asset management fees are just a few you may be charged. Meanwhile, the fees are high, with the average advisor fee between 1% - 2%.
How Ithaca Wealth Management Works
- We have one transparent fee based on the amount of assets we manage on your behalf, and the IWM Auto-Pilot Pricing Platform will lower your fees over time.
- We charge less so you have more to invest. Our fees start at 0.85% for the first $1 million in assets.
- We have $0 trading commission fees, so you aren't dinged every time we buy or sell a security on your behalf.
- Our success is based on your success. The more money you save from fees that can compound into significant wealth over time, the better.
How They Work
Most financial advisors work for a larger bank or asset management company. That means higher fees, sales pressure tactics, and proprietary investment products that may not be the best fit for your portfolio.
How Ithaca Wealth Management Works
- We are a 100% independent firm
- We aren't tied to one investment product or research provider.
- We receive investment research from JPMorgan, Goldman Sachs, Stifel, FactSet, and more, so we are always looking for the top ideas.
- We will always search for the best investment options available to meet your long-term needs.
