Introducing Magnifi, an AI-powered tool designed to assist with investment decisions. With Magnifi, users can conduct efficient research, create personalized investment plans, make informed choices, manage multiple brokerage accounts, and even learn while investing, all with the help of artificial intelligence.
So how does this AI investing app work? Magnifi offers a conversational AI investing assistant, an investment search engine, on-demand stock market data, interactive planning tools, and a commission-free brokerage. Whether you're a beginner or aiming to optimize your existing portfolio, Magnifi provides access to a marketplace of over 15,000 stocks and funds tailored to your financial goals.
Magnifi allows you to invest directly through their platform or connect popular brokerages such as Fidelity, Robinhood, and Schwab – offering flexibility and convenience. Seamlessly manage multiple accounts, uncover hidden risks, stay updated on market conditions, and explore new opportunities across all your accounts simultaneously.
Now you might be wondering about the cost. Magnifi offers subscription options for both annual and monthly plans, with prices starting as low as $11 per month based on your payment preference. As a Magnifi subscriber, you also gain access to high-yield savings accounts that allow you to earn interest on uninvested cash. Keep in mind that depending on the balance of your savings account, there may be an additional small percentage or quarterly fee for the high-yield savings feature.
For US citizens aged 18 and above, Magnifi provides investment options in stocks, ETFs, mutual funds, among others. This includes fractional shares and low minimum investments for greater accessibility.
It's important to note that Magnifi LLC does not charge advisory fees or transaction fees for non-managed accounts, but please refer to Magnifi's Form ADV for more details on applicable fees and charges. Mutual funds or ETFs may have additional fees and expenses, so it's advisable to review the fund's prospectus before investing. While Magnifi itself does not impose commissions or fees on stocks, ETFs, or mutual funds, custodial fees or charges from your account custodian may apply. Make sure to review your customer account agreement for details.
The opinions expressed in this material are solely those of Magnifi LLC and their editorial staff. The information provided is believed to be reliable but does not guarantee accuracy and completeness. It is not intended as a comprehensive analysis of the discussed materials. Always discuss and evaluate all information and ideas with your personal advisor before implementing any investment strategies.
For detailed terms and conditions, please visit: https://static.magnifi.com/Documents/Magnifi%20Personal%20Disclosures.pdf
Overview
Magnifi: Invest with AI is a Freeware software in the category Business developed by The Tifin Group.
The latest version of Magnifi: Invest with AI is 910, released on 07/03/2024. It was initially added to our database on 01/04/2024.
Magnifi: Invest with AI runs on the following operating systems: iOS.
Users of Magnifi: Invest with AI gave it a rating of 4 out of 5 stars.
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