Get Invested charges a one time entry fee of $250. After that, we do not charge any other hourly rates or monthly subscription cost.
If you decide to have your advisor manage your investment portfolio, the advisor asks for a service fee of 1.5% per year, of total dollars under management.
for all of 2016
Get Invested has no minimums for your investment account. You do not need to invest money with your advisor to get on demand advice from them.
Typically this process will take no more than 2-4 business days.
All customer accounts are held by what's called a 'custodian'. The custodian firm we use, LPL Financial, is a top custodian to independent advisors across the country and the nation's largest independent broker-dealer, as reported by Financial Planning magazine, June 1996-2017, based on total revenue.
Through LPL, we have security measures in everything we do. This includes the strongest available browser encryption, secure servers, identity verification services, as well as other such precautions.
For more details about the safety of your money and private information, please visit LPL's security FAQ page: https://lplfinancial.lpl.com/content/dam/lpl-www/documents/disclosures/privacy-security-faq.pdf
Get Invested is brought to you by the LA-based independent advisory firm Gerber Kawasaki Wealth & Investment Management, who is registered with the SEC (Securities & Exchange Comission). Gerber Kawasaki & Get Invested's advisor representatives are in compliance with the current filing requirements that are imposed upon SEC registered advisors.
Your money is kept in an account with custodian LPL Financial.
No. Since neither Get Invested nor Gerber Kawasaki loan money out, we do not run a credit check on our clients. The only check we do is an ID verification check as required by law. We do not pull your credit score, or do anything that would impact your credit rating or score.
Yes, you can withdraw your money at any time. We do not charge you any trading fees nor penalties for making withdrawals or closing accounts. Just contact your advisor and have the money withdrawn. It's your money & is always accessible to you.
Withdrawals generally take 4-5 business days to process.
Our portfolios are made up of two parts: stocks & bonds. Your expected returns will very much depend on your specific asset allocation.
Like all market investments, the securities you own in your account are subject to market risk. If the markets are up, your balance grows. When markets are down, your account can lose money.
Your advisor & also, team of investment strategists at Gerber Kawasaki construct for you, a globally diversified portfolio catered towards your specific goals & timeframes.
Our advice is based on expected returns as well as downside risk and uncertainty, as measured by historical episodes each asset's performance. The result for you is a portfolio that provides a blend of stock upside & bond protection, across different economic regions, investment styles, & security types which strive to deliver the best possible risk-adjusted returns for your own personal level of risk tolerance. Investing involves risk including loss of principal. No strategy assures success or protects against loss. International investing involves special risks such as currency fluctuation and political instability and may not be suitable for all investors.
Your advisor's investment guidance is customized for each goal individually. The advice includes a suggested allocation to stocks & bonds, how much you should save each month to work toward your goal, & which we will always discuss with you first.
In order to provide this level of specific advice, we require some details about your goals. For example, for retirement this includes the age you would like to retire, as well as how much money per month you'd like to have to live on while in retirement.
The answer is probably yes. The reasons to not be saving are:
- You are retired/decumulating rather than saving.
- Your income is so low that you can't save any money. Meaning, you have no income left after taking care of life's necessities.
- You have so much wealth already you don't need to save anymore.
- A dollar of consumption is guaranteed to make you happier now than it will later.
- You have credit card debt, in which case, your advisor will help you figure out your plan for paying off that debt ASAP. Credit card debt is a high interest rate debt, & is considered toxic to your financial future and security.
(If you have any low interest rate debt, i.e. student loans, a car loan, or a mortgage loan, then in most cases, these can be paid off, while contributing to savings/investing, simultaneously.)
If one of the above isn't true for you, than odds are you should be saving. You might not have a particular savings goals in mind, but we'll help you with that too.
Get Invested will request personal info including financial & tax identification info to comply with U.S. government laws and FINRA rules. We will request personal info from new customers as well as from those who have had long-standing relationships with us.
Get Invested complies with SEC customer ID rule of the USA Patriot Act of 2001. This rule requires us to put procedures in place to verify the identity of any person seeking to open an account and to maintain records of their information.
We must also determine whether the user appears on any lists of terrorist groups, provided to broker-dealers by any government agency.
All that being said, we take the security of all collected data very seriously. We will never use any personal information for anything other than the fulfillment of regulatory SIPC & SEC requirements.