Ellevest is your investment advisor; we manage your money. For Digital, Premium & membership clients, Ellevest has selected Folio, an independent third party, to act as custodian, to safeguard your assets and to provide clearing and execution of transactions in your account based on our instructions. Upi
How we all work together:
You + Ellevest:
- Get a customized portfolio for each of your biggest goals.
- Manage your investment accounts on your Ellevest dashboard.
- Reach out to Ellevest for account support
- Keep contributing to your goals, and Ellevest will give you a heads-up if you fall off track.
You + Folio:
- Folio is your account custodian — a safekeeper for your funds and securities.
- Folio allows you to link to your bank account, which you validate using test deposits.
- Folio buys and sells investment funds in your account based on Ellevest's directions.
Ellevest + Folio:
- Ellevest issues instructions to Folio to buy and sell investment funds based on the specific goals that you fund and your timeline to reach those goals.
- Your monthly statements and annual tax documents will be available on both Ellevest and Folio’s websites.
- Some data on your Ellevest dashboard is provided directly by Folio, such as your goal balance.