FutureMoney
About FutureMoney
Provides a fully-managed investment platform for parents to open and fund tax-advantaged accounts, such as a Junior Roth IRA™, to secure their children’s financial future. By automating portfolio management, tax optimization, and recurring deposits, it simplifies long-term wealth building through compound growth, starting with contributions as low as $1.
```xml <problem> Many parents lack the time, expertise, or resources to effectively invest for their children's future, missing out on the benefits of long-term compound growth and tax-advantaged savings. Traditional investment options can be complex, expensive, and difficult to manage, creating a barrier for parents who want to secure their children's financial well-being. </problem> <solution> FutureMoney provides a fully-managed investment platform designed to simplify long-term wealth building for parents and their children. The platform automates portfolio management, tax optimization through 529 plans and Junior Roth IRA rollovers, and recurring deposits, making it easy to start investing with as little as $1. FutureMoney offers diversified portfolios tailored to individual financial situations, industry-leading security measures, and transparent, low fees. The platform also facilitates contributions from loved ones, allowing families to collectively invest in a child's future. </solution> <features> - Automated portfolio management with diversified investment strategies - Tax optimization through 529 plans and rollovers to Roth IRAs - Recurring deposit automation for consistent investment growth - Unlimited tax-advantaged accounts for multiple children - Secure platform with industry-leading security measures - Low and transparent fee structure - Option to invite family and friends to contribute to a child's investment account - Hypothetical projections of investment growth based on different contribution amounts and time horizons </features> <target_audience> FutureMoney primarily targets parents who want to invest in their children's future, save time and money on investment management, and leverage tax-advantaged accounts for long-term wealth building. </target_audience> ```
What does FutureMoney do?
Provides a fully-managed investment platform for parents to open and fund tax-advantaged accounts, such as a Junior Roth IRA™, to secure their children’s financial future. By automating portfolio management, tax optimization, and recurring deposits, it simplifies long-term wealth building through compound growth, starting with contributions as low as $1.
When was FutureMoney founded?
FutureMoney was founded in 2023.
Who founded FutureMoney?
FutureMoney was founded by Philip Barrar and Darrel Frater.
- Philip Barrar - CEO
- Darrel Frater - Co-Founder of The Frater Family Foundation
- Founded
- 2023
- Employees
- 14 employees