What is Frec Direct Indexing?
Track the performance of your favorite index like the S&P 500, but end up with more money through tax loss harvesting – for the same amount of effort and at a lower cost than robo-advisors. Designed for people who invest in ETFs.
Problem
Investors using traditional ETFs to track indices like the S&P 500 face significant tax liabilities and higher costs compared to more tax-efficient investing methods.
Solution
FREC offers a platform allowing investors to track their favorite index, like the S&P 500, through direct indexing. They can benefit from tax loss harvesting to end up with more money, exerting the same amount of effort but at a lower cost than using robo-advisors.
Customers
ETF investors, particularly those interested in indexes like the S&P 500, seeking more tax-efficient investment strategies and lower costs.
Unique Features
The product's unique approach lies in combining direct index investing with automated tax loss harvesting, promising lower costs and higher returns compared to traditional ETFs and robo-advisors.
User Comments
Information on user comments is not provided.
Traction
Specific traction details such as version, user count, or revenue are not available.
Market Size
The size of the robo-advisory market, which is relevant for FREC's solution, is projected to grow to $987.4 billion by 2020.
