When you switch to Public from Acorns, you’re gifted with the power of choice and ultimate control over your investments. The Public app allows users to choose their own sliced stocks and ETFs, all while providing access to a transparent community of friends and domain experts. Whenever you buy and sell shares on Public, you’re doing so in real-time with zero commissions or hidden fees.
We think that’s the way investing should be done.
Invest with sliced shares
Unlike most investment apps that either offer sliced ETFs in a curated portfolio or expensive stocks, Public allows you to hand-select both stocks and ETFs for your portfolio. By investing small amounts of money over time, Public users have the opportunity to grow their prosperity. We believe in making investing affordable and accessible to everyone. Providing sliced shares is one way we accomplish our mission.
|Real-time settling of investments||✔||-|
|Real, registered brokerage||✔||✔|
|Free service, no subscription||✔||-|
|Invest in U.S. stocks||✔||-|
|Invest in U.S. ETFs||✔||✔|
|Automatic dividend reinvestment||✔||✔|
|2.5% interest on uninvested cash||✔||-|
|Monthly interest payouts||✔||-|
|See what brands a company owns||✔||-|
|Search stock by brands the company owns||✔||-|
|Discover companies based on themes||✔||-|
|See other people's trades||✔||-|
|Comment on other people's investments||✔||-|
|In-app live chat support||✔||-|
No account minimums
When we say Public provides free accounts to users, we mean it. There are no hidden fees or account minimums. You can start investing in sliced shares and ETFs with any amount of money that works for your budget. There are no added monthly, quarterly or yearly fees for investing on the Public app, either. With Public, you only pay for the shares you buy from the companies you choose.
One single account
All of our features are included in a single, streamlined account. There are no membership tiers, paywalls, or special features that only become accessible after you reach a certain threshold in investments. We also don’t require you to wait several days after signing up to access our services. It’s important that we make investing accessible to all. Your account is available immediately after signing up so that you can start exploring the Public platform and embark on your investment journey. Give us a try by downloading our app for Apple or Android.
Craft your own portfolio
Public aims to put the power back in the hands of investors. We don’t control what ETFs or stocks you add to your portfolio, and we’ll never tell you to make specific investment moves. All investors on the Public app buy and sell sliced shares of the companies that they choose to help grow their prosperity and build their wealth. No algorithms or computers making decisions for you. Just humans making their own decisions.
Browse by brand
To help empower your investment choices, organize stocks within themes that mirror how you actually experience companies in the world. Our custom themes organize your investment options into industry-specific areas, allowing you to browse the brands that live up to the ideals and expectations you have for the companies that you choose to place your money behind. Browse focused themes like Tech Giants, The Future is Female, Clean and Green, and Cannabis. Our themes help you diversify your portfolio while sticking to your overall values and areas of interest.
Automatically reinvest dividends
Once you start earning dividends with the companies that you believe in, we think you should get a choice in what happens to your earnings. Our automatic dividend reinvestment feature allows you to dictate how much of your dividends get reinvested back into the market. Choose the amount to be reinvested in your companies once, and the Public platform will keep reinvesting until you change your settings. Automating your control over your portfolio is just one of the many advantages to investing with Public.
Monthly interest payouts
At Public, you get access to monthly interest payouts in addition to the separate dividends companies pay their investors. When you have uninvested funds in your Public account, we reward you with interest payouts that you can use however you like. Choose to invest your money in more sliced shares, save it in your account, or transfer it to your linked checking account.
Annual 2.5% interest rate
Did we mention we have some of the most competitive interest rates around? Public rewards all our users with annual interest rates of 2.5% on up to $10,000 on uninvested funds. We’re proud to extend interest rates that are 25 times the national average*. Your Public account provides you with an opportunity to grow your financial future whether you have money invested or sitting in your account. Let’s see your bank do that. Read more about our interest rates on the Disclosures page.
*National average is based on 0.10% from Bankrate.com, as of April 1, 2019.
Connect with a community
One of our favorite aspects of the Public app is the connection with a community of like-minded investors that it provides. Your Public account allows you to see other investors’ activity in real-time. Get insight into who’s buying and selling shares in the same brands you own and exchange ideas to learn about and discover new companies. Public encourages the free exchange of ideas and aims to provide equal opportunities to every investor. Learn from people just like you and pass that knowledge on with Public.
Dedicated phone support
We are all about people helping people. That’s why we provide a knowledgable support team to every Public member. Our support team is available any time to provide knowledgeable, personalized service to resolve whatever issue you might encounter. We love connecting with our members one-on-one, and your needs come first before things like pesky metrics.
Flexible support options
Our support team is available via our in-app chat feature if you’re not into talking on the phone. We understand that you’re busy and need answers right away. Our chat feature will connect you with a real person every time to help resolve your questions quickly. When you contact our team, you won’t have to deal with support tickets or automated menus. Public never uses chatbots to do a job that we think should be reserved for humans.
Part of Public’s mission is to make investing more accessible to more people. Knowing that your investments are insured can make it a little bit easier to have faith in investing. We help foster trust in the public market and our investment app by partnering with the Securities Investor Protection Corporation (SIPC) and insuring all Public securities accounts for up to $500,000. Learn more about SIPC and how your money is protected by visiting www.sipc.org.