Guided Investing

Investing can help you build wealth and achieve your financial goals, whether you're planning for retirement, buying a home, or funding your child's education. However, it's crucial to consider a few important factors first. Assess your financial health: Do you have an emergency fund? Are you effectively managing your debts? Do you have disposable income to invest monthly? Can you sustain the potential market loss that comes with investing? Ensuring these basics are covered is essential before you start investing.

 

To explore if investing aligns with your financial journey, read our detailed article here or watch this handy video.

Guided Investing is an automated digital tool that professionally manages your investments based on your risk tolerance and time horizon to help you reach your financial goals. Based on your answers to a short list of questions, your money is invested in a diversified portfolio aligned with your investment goals. Your portfolio is monitored on an ongoing basis and rebalanced as needed to stay on track with your goal.

To open a Guided Investing account, you must be at least 18 years of age and a U.S. Citizen. You must also be an existing CommunityAmerica member. If you are not a current member, we invite you to open a CommunityAmerica account.

You can open Taxable Individual and/or Joint accounts; the investments in these types of accounts can be used for any reason. Tax-advantaged Traditional and Roth IRAs are also available if you are saving for retirement.

After opening your Guided Investing account, you can transfer funds from your CommunityAmerica account or from an external bank account via Plaid. Click here for a how-to video to get help get you started.

Once you have linked your desired account to move funds to Guided Investing, you can choose a date, amount and frequency to fund your account automatically. Click here for a how-to video to help get you started.

The minimum required investment to open a Guided Investing account is $200.

There is a .25% annual management fee for assets under management. For example, if you have an account balance of $10,000, your management fee would be roughly $25 per year. For IRA accounts, there is an annual $20 retirement account maintenance fee. Additionally, there is a $95 retirement account termination fee should you decide to close your IRA account.

 

Please also see our Brokerage Fee Schedule for information on additional account servicing and maintenance fees that will also apply to your account. The ETFs in your account are also subject to expenses charged by the manager of the ETFs.

 

See the Guided Investing Wrap Fee Program Fee Brochure for a full discussion of all associated fees and expenses.

You can contact our Digital Wealth Team at [email protected] or 833.542.6509.