UNest is a platform that makes it easy for parents to invest for future events for their children through a tax-advantaged account.
InvestUsers make money via the stock price appreciation, interest, and dividends of their own selected portfolio.
UNest does not charge commission fee percentages. They simply charge you $3 a month for any account under $50,000, but for any account over that specified amount, there is a monthly 0.25% advisory fee. Also, It is not only for college saving, as the account can be used for buying their first car, down payment on their house, a wedding day, or any other important purchase.
With investing there is risk of possibly losing principal as there is no guarantee that investments made will provide positive returns over any time period. Despite this, the accounts are SIPC-insured for up to $500,000.
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