Last Updated: 04/18/2025
Greenlight MAX
Claimed
Last Updated: 04/18/2025
No Reviews Yet
This product has no reviews yet. Help others by sharing your thoughts.
Be the first to rate
Cast Your Vote
Compare All Investment Advisors
Filter & compare all your options in one place.
Highlights
Minimum Initial Investment
$1
Management Fee
N/A
Greenlight MAX Review
Greenlight Max was founded in 2014 and is based in Atlanta, GA. It is a Registered Investment Adviser or RIA. RIAs have a fiduciary duty to work in your best interest. Greenlight Max is not tied to a particular company or product and can therefore offer unbiased investment advice.
Greenlight Max Pros & Cons
| The Good | The Bad |
|
|
Greenlight Max FAQ
What fees does Greenlight Max charge?
| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Monthly Service Fee | $9.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What management fees does Greenlight Max charge?
Many financial advisors charge based on how much money they oversee by using a fee-structure called “assets under management,” or AUM. For instance, a 0.40% fee translates to $4 per year for every $1,000 an investment advisor manages. Management fees, also known as maintenance fees, cover the operating costs of investment advisors and are typically deducted from your account every month or quarter. The management fee does not cover the underlying expense ratios of the investment vehicles purchased by investment advisors.
What are the investment expense ratios of Greenlight Max?
Hiring an investment advisor with competitive investment fees is one of the most important steps to maximizing your portfolio's performance. Investment expense ratios can vary drastically depending on the types of accounts and assets involved. A survey by the ICI puts the average expense ratio for actively managed funds at 0.76% and indexed funds at 0.08%. The investment expense ratios of an investment advisor will vary depending on the type of assets they invest in and whether they attach additional charges to fund fees.
Greenlight Max does not charge fees based on an investment expense ratio. What features does Greenlight Max offer?
Access to human advisors: Robo-advisors are great at keeping costs down and helping investors with modest balances make good investment choices. However, it is also nice to have access to human financial advisors when you need them.
Greenlight Max is registered with the Securities and Exchange Commission, or SEC. Registered investment advisors are required to provide detailed information on the financial and legal status of the company and its staff. This allows investors to examine closely any conflicts of interest and look into the background of the company and its advisory team.
What type of investment accounts and asset classes does Greenlight Max support?
Greenlight Financial Technology Inc offers the following types of assets and account types.
| Supported Options | Unsupported Options |
|
|
These are the investment options Greenlight Financial Technology Inc offers its clients.
| Supported Options | Unsupported Options |
|
|
What is the minimum amount you have to invest to open an account with Greenlight Max?
The minimum amount to open an account with Greenlight Max is $$1.SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.
Message from Greenlight Max
Hours of Operation
Sunday
12:00AM - 12:00AM
Monday
12:00AM - 12:00AM
Tuesday
12:00AM - 12:00AM
Wednesday
12:00AM - 12:00AM
Thursday
12:00AM - 12:00AM
Friday
12:00AM - 12:00AM
Saturday
12:00AM - 12:00AM