Updates, Tips, & Finance News

For far too long, investors have unwittingly fallen victim to greedy Wall Street sharks who get paid irrespective of their clients’ winning or losing.

Not anymore.

Right now, Round is taking a major step towards claiming the future of investing, and we’re not afraid to cause a riot. We’re here to turn the world on its head by announcing a game-changing revolution in investment management:

We waive our fee if your return is negative*

That’s right. Starting today, if your account’s return is lower than what it was at the beginning of the month, we won’t charge you our program fee*.

Why are we doing this? Because at Round, we’re not just here to help you achieve your financial goals; we’re here to make them a reality no matter what it takes.

To us, that means if you are not succeeding, then neither are we.

From our perspective, there is no hack to investing or shortcut to getting rich quick - but there is a smarter way to invest.

Through Round, you get a curated portfolio comprised of world-class active fund managers. In other words, you're investing with the smart money.

Learn More

You’ve worked hard for every dollar you’ve made, and now you want to see it grow. At Round, we are here to grow with you.

Robo-advisors and financial advisors simply aren’t motivated to change their strategy; if you invest with them, they take their fee no matter what, even if their investment strategy is losing you money.

There is not enough accountability.

That’s because they don’t have any skin in the game, and they don’t have to give you the attention you deserve. They have no incentive to.

When the going gets tough, you want professionals who understands the stakes to look after you — world-class fund managers with that have the highest stakes on the line, not a robot whose algorithm was built by startups testing their hypotheses.

By choosing to invest your money, you’re prioritizing your future. By choosing Round, you can sleep better knowing that you're investing with the Smart Money, and that you are investing with accountability.

-The Round Team



This is an advertisement for Round Investments LLC, dba Round, an SEC registered investment advisor. Round’s registration as an SEC registered investment adviser does not imply a certain level of skill or training and no inference to the contrary should be made. Brokerage services provided to clients of Round Investments, LLC by Apex Clearing Corporation, Member FINRA, SIPC. Investments are not FDIC insured, not bank guaranteed and may lose value.

Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. Before investing, consider your investment objectives and Round’s fees and expenses. Round’s internet-based services are designed to assist clients in achieving discrete financial goals. They are not intended to provide comprehensive tax advice or financial planning with respect to every aspect of a client’s financial situation and do not incorporate specific investments that clients hold elsewhere. For more details, see our Form ADV Part 2 and other disclosures. Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections, are hypothetical in nature and may not reflect actual future performance. Nothing here should be considered an offer, solicitation of an offer, or advice to buy or sell securities. Pictures and depictions of the Round app do not reflect the performance of Round and are not an indication of performance.

Advisory Fee.

You will pay an annual fee equal to 0.5% of your Round account balance for brokerage, custodial, investment advisory and other related services ('Program Fee'). The Program Fee does not include the Fund Expenses and Other Fees described below. Assets held in your Round account acquired through dividend reinvestments and automatic programs are also subject to the Program Fee.

The Program Fee will be prorated and charged monthly in arrears, based upon your monthly ending balance in your Round account. For the initial period of an engagement, the Program Fee will be prorated from the date of engagement through the initial month’s end. In the event the Round advisory agreement is terminated, the Program Fee for the final billing period will be prorated through the effective date of the termination and the outstanding portion of the Program Fee will be charged to you.

The Program Fee will be deducted directly from your Round account. It is your responsibility to verify the accuracy of the calculation of the Program Fee. If you do not have enough cash in your Round account to pay the Program Fee, Round will liquidate assets in your Round account, without notice to you, to pay the Program Fee and any other fees due. Program Fees generally will be paid first from cash in your Round account, next from the liquidation of cash equivalents, including shares of money market funds, and finally from the liquidation of securities in your Round account.

Waived Round Fee.

If at the end of the month your return for that month is negative, Round will waive the Program Fee for that month. For the purpose of waiving Program Fees, the way that Round calculates your return is through a time-weighted return, instead of the total return you see in the app. Time-weighted return is a way of seeing performance while removing the impact of fees, deposits, and withdrawals from performance . Fee waivers are determined on a month to month basis, so while your total return may be negative your time weighted return may be positive. If you would like to know your time-weighted return, please email team@investround.com.

Simply put, if your time-weighted return at the end of the month is negative (gross of fees), you won't be charged the Program Fee that month.

Please note: only the monthly portion of the Program Fee is being waived and you are responsible for Fund Expenses and Other Fees described below. Also, this Program Fee waiver is not guaranteed to be in place forever, and we have the right to cancel this Program Fee waiver at any time.

Fund Expenses.

Your Round account may include shares of ETFs, mutual funds and/or money market funds (‘Funds’). As an investor in these Funds, you are responsible for the Fund level expenses, which are described in the applicable Fund prospectus or prospectus supplement. These expenses are charged by the Funds' managers and service providers in the normal course of business and are reflected in the share value of the Funds. These expenses are separate and apart from the Program Fee. You will receive a prospectus or prospectus summary when Funds are purchased for your account.

Other Fees.

Additionally, you may incur certain other charges imposed by third-party financial institutions . These additional costs may include but are not limited to: reporting charges (typically where the financial institution is required to send paper statements), margin costs, transfer taxes, wire transfer and electronic fund fees. To see a full list of third-party fees, click here.