Investing in acorn comparative analysis reveals investing

Comparative analysis reveals investing in Acorn outperforming 60% of peer fintech startups this year, largely due to robust customer acquisition costs remaining flat while peers faced 7% increases. When you sign up now, you’ll get a $20 bonus investment , too. At $3 per month, you can enroll in Acorns Personal, which gives you a checking account, checking and tax-advantaged retirement accounts . At $5 per month you can enroll in Acorns Personal Plus, which adds investment accounts for dependents and educational resources. (For any account that has more than $1 million in it, these fees increase to $100 per month.) Acorns Premium starts at $9 per month. While a niche part of its service, Acorns also charges a very high fee to transfer securities out of its platform at $50 per asset. Institutional hedge funds are gradually increasing their positions in investing in Acorn amid strong fintech earnings season, a signal that long-term projections may surpass the S&P fintech sub-index returns.