Q&A
Is Titan legit?
Yes, Titan is a safe and secure platform. They are SIPC insured and hold assets at a third party, Apex Clearing.
Is Wealthfront legit?
Yes, Wealthfront is a safe and secure platform. They are SEC regulated and SIPC insured.
Does Titan have crypto?
As of Summer 2021, they have a waitlist for their fully-managed crypto portfolios. Their crypto portfolios will launch sometime in the next few months.
Does Titan have retirement accounts?
Yes, Titan offers Traditional and Roth IRAs. They use their same hedge-fund tactics with these accounts.
Where is Titan available?
Titan is available to U.S. investors only.
Where is Wealthfront available?
Wealthfront is available to U.S. investors only.
Is Titan a hedge fund?
No, Titan is not a hedge fund. However, they use hedge-fund-like strategies to help investors grow their wealth even in a bear market.
Is Titan a good investment?
Yes, we believe that Titan Invest can help you make a lot of money, even in a market downturn, due to their advanced hedging strategy. We always recommend diversifying your assets and trying different tools to find what works best for you, however.
Is Wealthfront a good investment?
Yes, we believe Wealthfront has many advanced tools that can help you make a lot of money. Their tax loss harvesting feature minimizes the taxes you have to pay on capital gains, and offsets the management fee for using the platform.
What are Titan’s fees?
Titan’s fees are generally on the higher side, but compared to most elite hedge funds, Titan is a great deal. Users pay $5 per month for portfolios below $10,000 and 1% AUM for portfolios over $10,000. There is a $100 minimum deposit.
What are Wealthfront’s fees?
Wealthfront users pay 0.25% of their portfolio per year. There is a minimum of $500 in the Investment account.
Is Titan good for beginners?
Yes, Titan can be a good option for beginners depending on how much money they’re working with. Titan manages your wealth for you, so users don’t have to worry about watching the markets or making risky moves. Titan’s fees are higher than many other mobile-first platforms, however, and some of their accounts require a minimum of $10,000.
Is Wealthfront good for beginners?
Yes, Wealthfront is a great option for beginners because it manages your money for you. Wealthfront is a robo-advisor, so the platform makes investments and minimizes taxes for you. This makes it great for beginners because investors truly have to do almost nothing to make their wealth grow.
