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Stash Investments Robo Advisor Review


ConsumersAdvocate.org Rating: 4.9 / 5 (Excellent)
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Founded in 2105, Stash Investments, LLC offers a personal finance app that provides artificial intelligence-based direction to investors and enables them to conveniently trade thousands of stocks and ETFs, without the help of a traditional stock broker. Stash customers may also open a Stash debit account and obtain a branded VISA debit card* and start earning stock rewards on certain purchases**. Stash is located in New York, New York.

How is Stash rated?

Breakdown

5.0/5
Features
5.0/5
Pricing and fees
4.8/5
Reputation

Overall Rating: 4.9 / 5 (Excellent)

Although it's not a true robo-advisor, Stash offers an opportunity for younger, smaller, and beginning investors to get in the habit of regularly putting small amounts of money into the financial markets. It also teaches its customers about different investment types and situations. This makes it an appropriate choice for people who are just beginning their investment journey. It offers a range of curated investment opportunities that's broad enough to appeal to most investment strategies and interests.

Users can begin using Stash with a very low minimum investment. Monthly subscription fees are correspondingly low. Stash makes it easy to understand plan costs and features on its home page.

Stash Account Features

Features - 5 / 5

With Stash, customers can choose to invest their money in thousands of individual stocks and ETFs. Large and small investors alike can build a diversified portfolio by selecting stocks available through the app. The company also offers a range of educational materials, presented in a particularly engaging way, to help beginning investors gain investment expertise.
Robo-advisor Type
Fully Automated
Account Minimum
$5
Goals
Save for Retirement
General Investing
Integration with Other Accounts
Checking Account
Types of Assets
Stocks
ETF Portfolios
Access to Financial Advisors
No
Automatic Portfolio Rebalancing
No
Tax Loss Harvesting
No

Investment Focus

Stash investors can purchase a variety of industry- goal- and value-focused ETFs. Industry-specific ETFs include those in the robotics, cybersecurity, internet tech, defense, travel, water, construction, public works, utilities, and cannabis sectors. ETFs that target specific investment goals include those which concentrate on growth, dividends, bonds, emerging markets, small-cap stocks, and blue chip investments. Stash's values-based ETFs include funds that invest in women-led organizations, zero-carbon companies, green energy firms, and socially-responsible enterprises.

Stash Fees & Commission

Pricing and fees - 5 / 5

Stash gives customers a choice of two affordable subscription plans***. Each plan offers different service features. You pay more for increasing features, but all subscriptions are pretty easy to fit in your monthly budget.

The Growth plan is $3 a month and includes what was mentioned above as well as access to either a Roth or Traditional IRA. Finally, the Stash+ plan includes all the features in the Beginner and Growth plans as well as investment accounts for 2 children, and double the Stock-Back **** rewards on certain purchases.

While Stash does not charge trading commissions itself, standard trading fees will still apply.
Billing Frequency
Monthly
Commission
Zero add-on trading commissions***

Stash Reputation & Customer Service

Reputation - 4.8 / 5

Stash has been in business since 2015. Its online reputation is not stellar: the company receives an average rating of 3.5 stars on Trustpilot and a surprising F rating from the Better Business Bureau. Complaints against the company have primarily to do with canceling subscriptions and delays in receiving proceeds from stock trades made through the app.

On the other hand, both Android and iPhone users rate the app highly, with 4.0 and 4.7 stars respectively.
Year Founded
2015
Consumer Financial Protection Board (CFPB) Complaints
0
SIPC Membership
Yes
BBB Rating
F
Trust Pilot Rating
3.5 out of 10
Contact Methods
Phone
Email
Mobile App
Yes
Date Collected
2021-01-21

Company Profile

Full Name
Stash Investments Robo Advisor
Company Website
Headquarters
500 7th Ave, Floor 18, New York, NY, 10018

Disclaimers

Paid non-client endorsement. See Apple App Store and Google Play reviews. View important disclosure for details.

*Debit Account Services provided by and Stash Visa Debit Card issued by Green Dot Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. Account opening of the debit account is subject to Green Dot Bank approval. Investment products and services are offered by Stash Investments LLC, not Green Dot Bank, and are Not FDIC Insured, Not Bank Guaranteed and May Lose Value. In order for a user to be eligible for a Stash debit account, they must also have opened a taxable brokerage account on Stash.

**Program is subject to Terms and Conditions. Stash Stock-Back® Rewards is not sponsored or endorsed by Green Dot Bank, Green Dot Corporation, Visa U.S.A., or any of their respective affiliates, and none of the foregoing has any responsibility to fulfill any stock rewards earned through this program. In order to earn stock through this program, the Stash Debit card must be used to make a qualifying purchase (What doesn’t count: Cash withdrawals, money orders, prepaid cards, and P2P payments. See Terms and Conditions for more details). In order for a user to be eligible for a Stash debit account, they must also have opened a taxable brokerage account on Stash. Stock-Back® Rewards that are issued into a participating customer's personal brokerage account via the Stash Stock-Back® Program, are not FDIC Insured, Not Bank Guaranteed and May Lose Value. Investing involves risk. Holdings and performance are hypothetical. Listed investments currently available on Stash but not necessarily representative of all investments. See full investments: https://www.stashinvest.com/investments/stocks.

***You’ll also bear the standard fees and expenses reflected in the pricing of the ETFs in your account, plus fees for various ancillary services charged by Stash and the custodian. For current fee schedule, please see the Stash Wrap Fee Brochure. Other fees apply to the debit account. Please see Deposit Account Agreement for details.

****In addition to 2x Stock-Back® rewards on all qualifying purchases, as a Stash+ subscriber, you’ll exclusively be eligible for bonus Stock-Back® offers on certain purchases. See full terms and conditions. Metal cards will start being shipped Fall 2019. Members will receive a plastic debit card until the metal card ships.

Investment advisory services offered by Stash Investments LLC, an SEC registered investment adviser. This material has been distributed for informational and educational purposes only, and is not intended as investment, legal, accounting, or tax advice. Investing involves risk.

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Our Partner
  • Start investing with $5 or less.
  • User-friendly educational materials
  • Manage your account online or via the Stash app
  • Over 5 million users
  • Highly-rated app for Android devices and iPhones
  • VISA debit card earns Stock-Back® rewards