Acorns believes that everybody should have access to simple tools for wealth-building, so we created financial wellness tools that make it easy to save and invest your money. Acorns is built on the principles of “micro-investing” (investing small amounts of money at a time), so you can start early and invest often, without making big changes to your everyday life. In fact, you can start with as little as $5.
What does Acorns do?
Acorns helps you invest your money with Acorns Invest, invest for your retirement with Acorns Later, open a banking account that puts investing at the center of your money with Acorns Banking, invest for your kids with Acorns Early, earn bonus investments when you shop with top brands with Acorns Earn, and grow your financial knowledge with Acorns Learn.
Acorns Invest
Acorns Invest is an easy, automated investment account. There are no account minimums and you can get started with just a $5 initial investment.
After you sign up, Acorns will recommend an expert-built, diversified portfolio based on your money goals and risk tolerance. From there, you can turn on the Acorns Round-Ups® feature to start automatically investing your spare change every time you swipe your debit or credit card or set up an automated Recurring Investment every day, week, or month. Plus, you can initiate a One-Time Deposit into your Acorns Invest account anytime.
Acorns expert-built portfolios contain Exchange Traded Funds, or ETFs. They're like baskets of different investments, which could include stocks, bonds or other assets, and come with potential benefits like diversification, lower costs, and potential tax efficiency.
Bitcoin ETF
Acorns can allocate up to 5% of your investments towards a Bitcoin-linked ETF, helping to further diversify your long-term portfolio without letting crypto take over entirely. The best part? You can get exposure to Bitcoin futures right from your Acorns app. No need for extra apps, digital wallets, and vulnerable passwords.
ESG Portfolios
Acorns also lets you invest in portfolios that reflect what’s important to you. Acorns ESG portfolios are built for investors who’d like to invest more of their money in companies with higher ESG (Environment, Social, or Governance) ratings than their peers. Our ESG portfolios are designed with focus on diversification and risk tolerance, just like our Core portfolios.
Acorns Later
Acorns Later helps you start saving and investing for retirement in just a few minutes. Answer a few questions and we’ll recommend either a Roth, Traditional, or SEP IRA plan based on you, your age, and your investment goals. You can set up simple recurring deposits every day, week, or month and potentially tap into tax advantages, too.
Acorns Banking
Acorns Banking is a bank account that helps you save and invest. With Acorns Smart Deposit, you can automatically invest a piece of your paycheck for you into your Acorns Invest, Later, or Early account. Pick how much to invest in each account, starting at 1% of your direct deposit, and change it any time.
Plus, you can prepare for life’s unexpected expenses (like medical bills, car repairs, or home maintenance) with an Acorns Emergency Fund. Set your savings goal for your Emergency Fund and Acorns will help you stay on track.
Acorns Banking lets you bank online, with mobile check deposit and digital checks. And there are no hidden fees, no minimum balance fees, no overdraft fees and 55,000+ fee-free ATMs.
Acorns Early
Acorns Early is a fast, easy, & flexible investment account for all the kids in your life — your children, nephews, nieces, godchildren, or any little one that’s special to you! You can create a custodial account for each kid in minutes, set up an automatic Recurring Investment every day, week, or month, and give their money a chance to grow! Plus, family and friends can easily contribute directly to their Acorns Early account using the gifting feature.
Acorns Early is an UTMA/UGMA custodial account (Uniform Transfer to Minors/Uniform Gift to Minors). Unlike other accounts intended for educational expenses only (like a 529 plan), Early funds can be used in various ways when it directly benefits the child.
Acorns Earn
With Acorns Earn and the Chrome/Safari extension, you can earn bonus investments just for shopping with 15,000+ top brands for the stuff you were going to buy anyway, like gas, groceries, or sneakers. Since 2016, Acorns Earn customers have earned & invested over $30,000,000 in bonus investments!
You can find Acorns Earn offers on the Acorns app — or download and install the Acorns extensions on your desktop and mobile browsers to make sure you never miss a bonus investment.
Acorns Learn
We want you to be educated on the money moves you are considering. Acorns Learn helps you grow your financial confidence with videos, articles, and tips for investors both experienced and new. Acorns Learn covers topics like investing and retirement, plus saving, borrowing, planning, and almost anything else that has to do with you and your money.
Benefits of Using Acorns
We know that there are a lot of investment apps out there, but we believe our emphasis on simplicity and long-term investing principles help set us apart from the rest.
Portfolio Diversification
You’ve probably heard that you shouldn’t put all of your eggs in one basket. In investing, that’s called “diversification” and it means your investments are exposed to a broad range of stocks, bonds, or other asset classes. This can help reduce your risk, compared to trading individual stocks.
Diversification is baked into your Acorns account from the start. Some of our expert-built portfolios can expose your investment to over 7,000 different stocks and bonds!
Automatic Rebalancing
With Acorns, you don’t need to worry about constantly tinkering with your account. We'll automatically rebalance your portfolio to help keep your allocations on track with your long-term money goals.
Automatic Investments
Acorns makes it easy to invest in the background of life. Turn on the Round-Ups® feature to automatically invest your spare change every time you swipe your card. Or set up a Recurring Investment every day, week, or month. Just one of the ways Acorns can help you build your future while you stay focused on today.
How to Get Started with Acorns
From tiny acorns, mighty oaks do grow. Ready to grow your oak? You can sign up here and start investing in just a few minutes.
This material has been presented for informational and educational purposes only. The views expressed in the articles above are generalized and may not be appropriate for all investors. The information contained in this article should not be construed as, and may not be used in connection with, an offer to sell, or a solicitation of an offer to buy or hold, an interest in any security or investment product. There is no guarantee that past performance will recur or result in a positive outcome. Carefully consider your financial situation, including investment objective, time horizon, risk tolerance, and fees prior to making any investment decisions. No level of diversification or asset allocation can ensure profits or guarantee against losses. Article contributors are not affiliated with Acorns Advisers, LLC. and do not provide investment advice to Acorns’ clients. Acorns is not engaged in rendering tax, legal or accounting advice. Please consult a qualified professional for this type of service.
