OctaveWealth
OctaveWealth, formerly known as BigCalc, is a San Francisco-based B2B company specializing in comprehensive 401(k) solutions aimed at enhancing employee retention and attraction.
Company Overview
OctaveWealth, formerly known as BigCalc, is operated by Quillu Inc, an SEC registered Investment Advisor. The company is a part of the B2B industry, specifically within the human resources sub-industry. OctaveWealth is headquartered in San Francisco, CA, USA, and primarily serves the United States and Canada. The company boasts a small yet efficient team size of two members.
Y-Combinator S12 Batch
OctaveWealth participated in the Y-Combinator S12 batch, receiving seed funding to support its growth and development. Y-Combinator is known for its robust support network and funding for startups, which has helped OctaveWealth scale its operations and service offerings.
401(k) Solutions
OctaveWealth offers a comprehensive 401(k) solution aimed at helping companies attract and retain talent. The service includes automated administration, custom plan design, and a dedicated account manager. OctaveWealth prides itself on providing clear, affordable pricing without predatory fees. The company's 401(k) plans are designed to be user-friendly and efficient for businesses of various sizes.
Investment Strategy
OctaveWealth employs modern portfolio theory to build Target-Risk Investment Models. The portfolios are globally diversified across 50 equity and fixed income markets, each represented by a low-cost ETF. The portfolios are automatically rebalanced at least quarterly to optimize returns and manage risk. This strategic approach ensures a balanced and well-diversified investment portfolio for clients.
Security and Custody
OctaveWealth places a high priority on the security of its clients' account information. Investments are held in a secure trust, and the company utilizes state-of-the-art security measures to protect account data. All investments are held with a third-party qualified custodian, ensuring an additional layer of security and accountability. OctaveWealth's brokerage partner is a member of the Securities Investor Protection Corporation (SIPC), which insures clients' accounts up to $500,000.
