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  You Invest

You Invest

in Investment Advisors from Chase Bank

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You Invest

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in Investment Advisors from Chase Bank

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Highlights
Highlights
Minimum Account $2,500
Management Fee 0.35%

You Invest Review

You Invest is a bank founded in 1877 and based in New York, NY.

What fees does You Invest charge?

You Invest uses a fee-only model.

This means You Invest gets paid a flat fee regardless of what financial products or services you use. It also means they have a fiduciary responsibility to their clients. Instead of making money on trades commissions or selling products, they recommend an asset allocation and get paid a flat-fee or a percentage of the assets under administration. That requires that they act in their client’s financial best interest at all times.

You Invest Fees
Description
Monthly Fee Starting at $0.73
Annual Fee N/A
Management Fee 0.35%
Fee Based? Yes
Account Transfer Fee Up to $75
Account Termination Fee Up to $75
Investment Expense Ratios N/A
IRA Annual Fee N/A

What management fees does You Invest charge?

You Invest charges an annual management fee that starts at 0.35% and ranges up to 0.35%.

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 You Invest?

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.

You Invest does not charge fees based on an investment expense ratio.

What features does You Invest 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.

Automatic rebalancing: Having a good balance of investments is important. But a well-balanced portfolio is not something you can set up and forget. Markets are constantly changing and can easily throw your portfolio out of balance. You Invest allows you to rebalance your investments back to your target asset allocation at set intervals.

What type of investment accounts and asset classes does You Invest support?

Chase Bank offers the following types of assets and account types.

Accounts Supported Options
Supported Options Unsupported Options
  • Individual Non-Retirement Accounts
  • Joint Non-Retirement Accounts
  • Roth IRA
  • Traditional IRA
  • Rollover IRA
  • SEP IRA
  • Trusts
  • 529 College Savings Plans
  • Employer Sponsored Plans
  • Custodial Accounts
  • These are the investment options Chase Bank offers its clients.

    Investment Choices Options
    Supported Options Unsupported Options
  • Stocks
  • Options
  • Mutual Funds
  • Bonds
  • ETFs
  • FOREX
  • Futures
  • Pink Sheets / OTCBB
  • Real Estate
  • Startups
  • Marketplace Loans
  • International Stocks
  • Cryptocurrencies
  • What is the minimum amount you have to invest to open an account with You Invest?

    The minimum amount to open an account with You Invest is 2500.

    How does You Invest compare to other investment advisors?

    Pros & Cons of You Invest
    Pros Cons
  • Trades in low-cost ETFs.
  • Access to human advisors.
  • Wide selection of investment options.
  • Broad selection of account types.
  • Competitive investment expense ratios.
  • Bonus offer: $200 when you fund with $25,000 – $99,999. $300 when you fund with $100,000 – $249,999. $625 when you fund with $250,000 or more.
  • Tax-loss harvesting not available.
  • 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...

    Feature Breakdown

    Management Fee 0.35%
    Account Termination Fee Up to $75
    Account Transfer Fee Up to $75
    Fee Based  
    Monthly Fee Starting at $0.73
    Minimum Account $2,500
    Accounts Supported
    • Individual Non-Retirement Accounts
    • Joint Non-Retirement Accounts
    • Roth IRA
    • Traditional IRA
    Automatic Rebalancing  
    Investment Features
    • Access to human advisors
    • Automatic Rebalancing
    Software Managed  

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