WiseBanyan - Free Your Money
By WiseBanyan, Inc.
This app is only available on the App Store for iOS devices.
WiseBanyan is designed to help everyone achieve their financial goals faster. Simply tell us what you want to achieve and we’ll guide you every step of the way. The minimum starting deposit is only $1, so you can start achieving your financial goals today!
As a client, we’ll take care of all the nerdy stuff such as building and monitoring your portfolio(s) and financial plan. You can easily update your milestones, add or withdraw funds, or check in for new recommendations on what to do next – from your computer or phone. To help your money grow to its full potential (and to make your life easier), we’ve automated the daily investment tasks such as rebalancing, reinvesting dividends, and depositing. We’re like your own personal trainer, but you never have to go to the gym!
We currently offer Personal Investment Accounts, Roth IRAs, Traditional IRAs, and SEP-IRAs. You can also rollover or transfer outside accounts, including old 401(k)s and 403(b)s, to relieve yourself of the time and fees required to manage them elsewhere and see all your funds working side-by-side.
Please let us know if you have any questions – we’re here to help. Our whole team is excited to start working with you as a WiseBanyan client!
What's New in Version 2.1.12
This update’s theme is: “The Data is in the Details”:
- We updated your Milestone Details so you can more easily navigate between your future achievements, past performance, and current portfolio
- We also updated a few other details here and there across the app
- Nothing more to “detail” for now. Enjoy!
Convenient on the surface, but....
I could understand how it would take 7 business days to transfer money from an investment account, but a cash account should not take that long. As for my investment account, it’s been 7 days and I am still waiting. I thought this would be a great way to set money aside and grow it for our wedding next year, among other shorter-term goals, but it’s proving to just be too many extra steps. This app is perfect if you are going to set it and forget it and not touch it for X amount of years, but if you are looking for something to set aside for short-term goals, this app is just a little inconvenient. Also, keep in mind that this....bank/whatever it is, is not FDIC insured (not even for cash accounts). Investments are always a risk, but ask yourself if you are willing to risk cash that you could set aside in your home bank’s savings account. Just some things to consider.
Awesome app for savings
Love it! Great money app. Super easy to save money and invest.
I've been able to customize a lot of things on WiseBanyan which is great. Now I have my own goals, been able to do deposits really easily, set up an autodeposit to match my paydays. Watching it all work and earn money is one of the best parts. Plus it's all free
A great update
A fantastic little update giving me a clearer picture of what's going on with my money!