Oops, looks like there was an error. Please refresh the page or Contact Us.

Some of our happy clients

Ginkgo
Backerkit
Tophatter
Sourcery
1

No hidden fees

We got rid of % fees and only charge a flat-fee per employee. The average cost of a small plan is 1.28% of assets.1 We save you and your employees 50% in year 2, and 90% by year 8.2

2

Fully automated

There is no manual work for you. Payroll is integrated. Changes in contributions are synced. We take care of on-boarding, education and annual filings.

3

Individual portfolios

We include portfolios that make it easy for employees to invest immediately upon enrollment. Our portfolios are built using the same quantitative process as the world’s largest asset managers.

How it works

1

We design your plan & investment menu

2

We connect to your payroll

3

We enroll employees & provide financial education

4

We invest plan assets, which are held at a qualified custodian

5

We prepare notices & filings that can be sent with one click

Investment Management

Built by finance professionals

We are a team of engineers and investment professionals with real world experience. We designed portfolio management software for some of the largest asset managers and traded $6 billion daily for large pension funds.3

Risk Targeted Portfolios

Our portfolios are individually designed for an employee’s personal risk profile, making it more likely they stay invested. This means they are more likely to experience higher investment returns in the long run.

Independent Fund Selection

We select the best fund for each asset class using multiple criteria, with the employee’s best interest in mind. We have no conflicts of interest, so our funds are selected purely based on merit. We review and replace the funds every three months without any transaction costs to the plan.

Full Investment Discretion

We select and monitor your plan's investment choices, and have discretion to change them if they're performing poorly. Usually other providers only offer advice and don't have discretion to make changes.

GROWTH OF $50,000 AFTER 30 YEARS

OctaveWealth vs. Typical Investor

Typical return of 3.17% as calculated by DALBAR. OctaveWealth return is estimated by adding outperformance for the listed portfolio features.

Rebalancing +0.40%

Portfolio allocations drift as prices move. We use rebalancing to reduce risk, which increases returns in certain market conditions. Estimate based on Unconventional Success by David Svensen.

Diversification +0.60%

Traditional retirement portfolios invest in three asset classes: US Equity, US Debt and International Equity. OctaveWealth portfolios are diversified across 9 asset classes. Simulations of both approaches show diversification adds 0.6% on average.

Cost Saving +1.00%

We don't chart percentage fees based on assets managed because they erode invesment growth. We estimate a 1.00% saving when compared to typical small plans that charge 1%-1.32%. (Centre for American Progress).

Index Investing +1.24%

On average, an index investment style beats active investment management after fees. Estimate based on S&P Active Versus Passive Scorecard (SPIVA).

Behavior Gap +1.56%

Investors often try to increase growth by timing the market. On average these decisions negatively impact returns versus a buy-and-hold approach, this is called the Behavior Gap. Estimate based on Friesen & Sapp.

For illustrative purposes only. This is not a prediction or guarantee of future performance, and is not based on actual client trading data. Data as of 01/01/2016.

Transparent Pricing

Monthly Employer Cost

* Reduced pricing available if billed annually

$120
Base
Fee
+
$4
Per
Employee
  • One-time setup fee $499
  • No third-party fees

Monthly Employee Cost

* Can be charged to the employer

$5
Charged to
Each Employee
  • Avg. expense ratio of funds: 0.1%
  • No other AUM, trading, or custody fees
35 employees

Fixed $260 per month for 35 employees. No additional % fee.
Your employees will save $2,967,081 more vs a 0.5% fee4.

Comparing multiple providers? Check out our cost comparison calculator

You may be eligible to claim a $1,500 tax credit over the next three years, to help with setup/admin costs. Both admin fees and (optional) company matching contributions are tax deductible.

Account protection and security

OctaveWealth uses state-of-the-art security measures when handling your information. Your sensitive personal information is fully encrypted and securely stored.

OctaveWealth is registered with the Securities and Exchange Commission (SEC). All investments are held in a secure trust in your name with a third-party qualified custodian. Our brokerage partner is a member of Securities Investor Protection Corporation (SIPC), which insures your company’s account up to $500,000 (including $250,000 for claims for cash).

More

Footnotes

1Small plans defined as 100 participants and/or $5,000,000 assets. 401k Averages Book 16th Edition

2Based on a company with 35 employees earning an average salary of $100,000, a 6% employee contribution, a 4% company match, and 7% annual investment growth. OctaveWealth Pricing is $120 base fee plus $9 per employee fee per month. Competitor Pricing is $120 base fee plus $5 employee fee per month, and a 1.28% fee on assets annually.

3Based on average daily volume from 2007-2011.

4Added investment growth is the difference in account balance of an employee paying $5/month vs. a 0.50% fee on assets managed over 30 years. This is based on an average annual return of 7% on a $10,000 annual contribution per employee (6% employee contribution, 4% employer match on a $100,000 salary).