Who is Honest Dollar?
Honest Dollar was launched in 2015 when we discovered tens of millions of Americans didn't have access to a retirement savings account through an employer. Since then, we've worked tirelessly to deliver an easy way for these individuals to set money aside for their future.
In 2016, we were acquired by The Goldman Sachs Group, Inc., a leading global investment banking, securities and investment management firm. Leveraging their resources and experience has enabled us to strengthen our services.
Honest Dollar’s investment advisory programs are operated and maintained by its wholly owned subsidiary, Honest Advisors, an investment adviser registered with the SEC. References to Honest Dollar in these FAQs include or mean Honest Advisors, where applicable.
Honest Advisors offers an individual retirement account-based savings program designed to enable self-employed individuals, independent contractors and other individuals to begin saving and investing for retirement. The program is designed to provide a simplified way for individuals to establish retirement accounts and make regular contributions to those accounts, while receiving investment advisory, brokerage, and custody services for a single fee.
Further, the program provides investment advice and delivers advisory services to clients primarily through the Portfolio Recommendation Tool and the Site, and does not generally provide investment advice in person, over the phone, in live chat, or in any other manner other than through the advisory services available on the Site.