UNest
UNest offers custodial investment accounts for kids, featuring gifting options, a rewards program, and the ability to invest in cryptocurrencies through a separate account.
Services
UNest offers custodial investment accounts tailored for children, which can be used towards future expenses such as education, purchasing a vehicle, or other significant milestones. The platform also features a unique gifting option that allows family and friends to contribute to a child's financial future. Additionally, UNest includes a rewards program where account holders can earn funds for their kids' accounts by shopping with over 100 partners including Disney+ and Nike. UNest also provides cryptocurrency investment options via UNest Crypto accounts, managed independently from traditional UTMA/UGMA accounts.
Investment Security
UNest ensures the security of its investment accounts through partnerships with accredited and reputable firms. Investment accounts are held with Apex Clearing Corporation, a brokerage firm registered with the SEC and a member of both FINRA and SIPC. All accounts are insured for up to $500,000 by SIPC. Moreover, to protect user data, UNest employs bank-level security and encryption protocols.
UNest Cryptocurrency Options
UNest Crypto allows users to invest in popular cryptocurrencies like Bitcoin and Ethereum through individual brokerage accounts. These accounts are separate from UNest's UTMA/UGMA accounts and are offered in partnership with Bakkt. Users interested in diversifying their portfolios into digital assets can take advantage of this feature.
Investment Strategies
UNest provides various investment strategies to suit different risk tolerances and financial goals. Options include conservative, moderate, and aggressive strategies, as well as socially responsible investing choices. This allows users to customize their investment approach according to their priorities and comfort levels.
Partnerships and Integrations
UNest collaborates with several notable partners to enhance its offerings. They have integrated with PayPal to facilitate easy funding of accounts. Major financial services partners include Franklin Templeton and Northwestern Mutual. The crypto services provided through UNest Crypto leverage a partnership with Bakkt. These collaborations help UNest deliver a comprehensive and integrated investment solution for its users.