When you switch to Public from Betterment, you’ll gain access to our next-level investment app that combines trading slices of shares in real-time with the social support and connection of your peers. Our goal is to make investing accessible to every individual regardless of their current financial status or investment experience. That’s why we’ve designed a platform that fosters information and provides investment opportunities that everyone can afford. And it’s all commission-free.
We slice shares so you can own any company
Our unique platform allows investors of all financial means and experience to buy and sell stocks and ETFs at their own pace. To help make investing even more accessible, we’ve provided sliced shares that Public account members can invest in real-time, commission-free. Our mission is to accelerate all people’s prosperity, and providing sliced shares for those investing in the stock market is just one way we accomplish that goal.
|Real-time settling of investments||✔||-|
|Real, registered brokerage||✔||-|
|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 minimum balance
We understand that no two investors are the same. Some members will come to our platform having engaged with the market for years, while others will be brand new to investing. Your experience level and the amount you plan to invest shouldn’t be allowed to dictate your access to a brokerage. At least that’s the way we see it. All of our Public accounts come with a zero minimum balance requirement, meaning you can buy and sell sliced shares at any amount that makes sense for your financial lifestyle.
Ever get really great at something only to get penalized? We don’t make you pay to level up. With a Public account, you’ll have access to the same features, support, and services that even the most successful investors use to select and make their investments. We also don’t make you pay more money to invest at a higher level. You can create a free account for Apple or Android to see what we mean.
Total portfolio control
At Public, we put the power over your portfolio in your hands. Unlike other investing apps, we allow you the freedom to control your investments. Everyone with a Public account has the ability to take charge and only invest in the companies and brands that matter to them. You’ll be able to hand-select each and every investment you make, choosing the exact amount to invest. If a breaking news story changes your opinion of a company, you’ll be armed with the power to change your portfolio.
Public also provides you with total brand transparency. It’s part of our greater mission to connect investors with the companies that matter to them. In our app, you can browse brands and discover the brands and companies owned by those you invest in. This feature helps you make smarter, more informed investment decisions. We’re all about empowering your investment choices and demystifying the ins and outs of the stock market.
2.5% interest rate
The whole point of investing your money is so that you can see it grow. That’s why all Public account users automatically receive 2.5% interest annually on up to $10,000 of their uninvested funds. We believe in our members, and it’s our mission to help people accelerate their prosperity. That’s why the interest savings rate we offer is 25 times the national average*. For more details, visit the Disclosures page.
*National average is based on 0.10% from Bankrate.com, as of April 1, 2019.
Public provides you with monthly interest payments to make investing your money more comfortable. The money you earn in interest can be used to reinvest in the public markets, transferred to your checking account, or left in your Public brokerage account to grow.
Automatically reinvest dividends
When a company you’ve invested in pays out dividends, we think you should have the opportunity to reinvest the way you see fit. That’s why our automatic dividend reinvestment program exists. With Public, you won’t have to miss your moment to increase your financial gains on the stock market by leaving dividends sitting in your account. The Public platform allows you to purchase additional sliced shares in the companies that are already bringing value to your portfolio.
At Public, we take customer service and support seriously. Our support team is available to help answer all of your questions. We’re proud to have a team of knowledgeable people available to help guide you as you invest and build your portfolio. You’ll never pay a fee for the help you need either. Our support team provides friendly, judgment-free feedback so that you don’t have to wade through a sea of support tickets and menus to get answers.
Live chat support
Not the phone call type? Our support team is available via chat, as well. We’re here to help you in whatever channel you prefer to use. It’s important to us that you reach a real, human person each and every time you reach out to Public. That’s why we banished chatbots from our platforms. The real value of our company comes in the form of the human connections we make. Chatbots just don’t cut it as far as we’re concerned.
Did we mention focusing on human connection and support means a lot to us? With a Public account, you have the opportunity to connect with fellow investors, comment on their activity, and exchange ideas in a transparent environment. Our community features allow you to discover new companies that fit into your existing ideals and can help you reach your investment goals. Of course, if you prefer to keep your activity private, then that’s an option for you, too.
If you’re new to investing, it’s normal to be a little intimidated. It’s even more normal to worry about losing the hard-earned money you took a risk to invest. That’s why all members who invest with the Public app are guaranteed the protection of the Securities Investor Protection Corporation (SIPC). Your investments will be insured up to $500,000 on your securities accounts. For more information, head to www.sipc.org to learn more about how the SIPC insures your investments and provides peace of mind.