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Finhabits Launches Digital Investment Advisor To Help Diverse Communities Build Smart Financial HabitsNEW YORK, Feb. 15, 2017 /PRNewswire/ -- Finhabits (www.finhabits.com) today launched its mobile-first platform to make quality investment and retirement services more inclusive. Specifically designed to make investing second nature, Finhabits offers individual investment accounts, as well as Roth and Traditional IRAs. As the first automated platform of its kind to provide a bilingual service — in English and Spanish — it combines fiduciary advice with behavioral nudges, making it easy for everyone to get into the habit of investing in their future. While poor financial practices burden all working Americans, some communities are disproportionately affected. Retirement savings, for example, are a key indicator of financial health, but many minorities — 74 percent of Latino families and 59 percent of African-American families — don't have a retirement account, according to the Economic Policy Institute. "I see technology as the great equalizer that'll help our country close the wealth gap among minority communities," said Carlos Garcia, founder/CEO of Finhabits, and an MIT alumnus with over 14 years of experience in the financial industry. "Our mission is to make investing more inclusive so anyone can reach their financial goals," Garcia adds. Finhabits approaches investingwith simple, repeatable actions that help people develop smart habits. More importantly, Finhabits makes it easy for anyone to build wealth for their future, at a very low cost, today:
Finhabits is a full stack technology solution developed in-house by a team of financial experts, engineers and designers in New York City. Last June, Finhabits began engaging investors in select cities and proved that people in large diverse communities embrace the service. Access Finhabits' media kit here: http://bit.ly/finhabit. About Finhabits This is not an offer or solicitation to buy or sell securities. Investing involves risk. Brokerage services are provided by Apex Clearing Corporation, member of FINRA/SIPC. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/finhabits-launches-digital-investment-advisor-to-help-diverse-communities-build-smart-financial-habits-300407590.html SOURCE Finhabits |