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Starter Account Strategy: Making Pave Work for Every Investor
Pave Product
May 30, 2024

Starter Account Strategy: Making Pave Work for Every Investor

At Pave, we're committed to providing quality investment opportunities for all our users, regardless of their account size. We understand that many users start their investment journey with modest amounts, either because they're new to investing or want to test out our platform before committing more funds. 

We wanted to ensure even those with small account balances can start growing their wealth effectively and efficiently. Pave is designed to recommend diversified portfolios of individual assets, but this approach presents challenges for accounts under $50 due to the $1 per asset trading minimum. To better serve these users, we’ve introduced a Starter Account Strategy.

What this looks like:

  • Account Balance Below $50: Your account will be invested in a single Exchange-Traded Fund (ETF) that aligns with your risk tolerance. This method helps manage your risk effectively, though it doesn't allow for the same level of personalization as our standard diversified portfolios. 
  • Account Balance Above $50: Once your account surpasses the $50 threshold, you'll gain access to the full extent of Pave’s personalization, including your own custom diversified portfolio with tax optimization strategies.

Pave is here to help you achieve your financial goals, one step at a time. If you have any questions or need further assistance, please don't hesitate to reach out to our support team.

Happy investing!