NEW YORK, Oct. 5, 2021 /PRNewswire/ -- StackHabit, an
automated wealth creation platform and SEC Registered Investment
Advisor is pleased to announce it is officially open to residents
of all 50 US States.
StackHabit was founded in March
2021 by Cullen Breen and
Ben Buchanan to democratize high
quality investing for everyone. Financial industry veterans led an
undisclosed seed round for the initial launch.
StackHabit differs from most RoboAdvisors in that it offers
concentrated portfolios of primarily equity securities. The
founders had one driving question in developing the portfolio
strategy; where would I put my own money?
"StackHabit is different," says CEO Cullen Breen. "The elite know that wealth
creation is not an act, but a habit, and the best way to grow
wealth is repeated action. We've made that action easy."
In a few minutes you can set up an investment or retirement
account based on your risk profile and set up automated deposits.
StackHabit clients can transfer accounts from any institution and
easily allocate them to StackHabit's premium offering. StackHabit
charges no fees to buy or sell stocks, and takes a fee-for-service
approach.
Retail investors need an easy way to visualize and track their
assets in all locations and StackHabit provides a single pane of
glass for all investment and banking accounts, and the fastest and
easiest way to start building wealth. StackHabit leverages
Automation from Tradingfront (NASDAQ: TIGR) and custodies all of
their assets with Interactive Brokers (NASDAQ: IBKR).
According to CEO Cullen Breen,
"We're excited to help our clients build wealth leveraging the best
technology and the best companies in the world. We have an
ambitious goal to create 50,000 millionaires and everyone is
invited to partake at any income level. In addition, we are
expanding our partnership program to financial advisors to provide
their clients with simplified automated investing. Advisor partners
will be able to send their clients a unique link and they can
instantly start stacking."
For more information visit www.stackhabit.com, StackHabit on
the App Store (apple.com), or email support@stackhabit.com.
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SOURCE StackHabit