Ellevest announced today that it has launched an expanded suite of products, services, and relationship-based pricing options. The evolution of Ellevest’s client offering follows a recent capital raise of $34.6 million announced in September, and reflects client demand; key priorities identified through ongoing engagement with women at different points in their financial lives; and the Company’s mission to help women close the gender investing gap.
What’s New, What’s Included? In addition to all the benefits of Ellevest's technology platform, which uses an algorithm tailored specifically to women’s gender realities related to pay, career breaks, and lifespan, the expanded offering reflects Ellevest’s clients’ requests for high-touch services.
Fee: 0.25% Annually of Assets Under Management.
No account minimum or maximum
Personalized investment portfolios for each client’s unique goals
Tax minimization strategies
Unlimited text and email account support from the Ellevest Concierge Team
Fee: 0.50% Annually of Assets Under Management.
$50,000 account minimum, no maximum
All the benefits of Ellevest Digital, plus:
1:1 personalized guidance for each client’s money goals with our CERTIFIED FINANCIAL PLANNERS™
1:1 executive career coaching offered through an agreement with Forshay, an experienced provider of executive recruiting and project-based work, of which Ellevest will utilize Forshay's strengths in career strategy, workplace communications, and coaching for negotiations
Ellevest Private Wealth Management:
Women who share the Company's mission are the driving force behind the introduction of this bespoke offering, designed to meet the complex needs of women with $1,000,000 or more of investable assets. Ellevest Private Wealth Management includes a dedicated private wealth manager and investing options focused on driving social impact and advancing women.
Ellevest co-founder and CEO Sallie Krawcheck said, “This year’s seemingly endless flow of headlines on sexual harassment has underscored the obstacles women continue to face to achieving financial success. Our clients’ passion around these issues inspires our work and drives our sense of urgency to provide women with access—at all stages of their lives—to the tools to help them close their gender money gaps.”
Krawcheck continued, “It’s core to the Ellevest mission to be an advocate for women’s contributions to the economy, to call foul on what impedes their success, and to help women succeed regardless. Money is power, confidence, control—and can be the freedom to take this job and shove it, if needed. We’re thankful that we can play a part in helping women achieve these things, and will continue to build a company that works hard on their behalf.”
Ellevest is an innovative investing and planning platform that redefines investing and personal finance for women with a practical, goals-based approach. Ellevest gives women the tools they need to take financial control: a straightforward, full-picture investment plan that reflects real life. Ellevest does not guarantee investment performance. All investing entails risk, including the possible loss of principal, and there is no assurance that the investment will provide positive performance over any period of time. For more information, visit www.ellevest.com.