Who are we and what is our relationship with our clients?

Honest Dollar was launched in 2015 to help the tens of millions of Americans who don’t have access to a retirement savings account through an employer. Since then, we've worked tirelessly to deliver an easy way for 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 allowed us to strengthen our services.

We* offer an individual retirement account-based savings program designed to help individuals, including independent contractors and the self-employed, as well as others to begin saving and investing for retirement. We are focused on providing 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. You can see our detailed fee breakdown here.

We provide investment advice and deliver advisory services to clients primarily through our portfolio recommendation tool accessible via our website or iOS mobile app. We do 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 our website.

*Our investment advisory programs are operated and maintained by Goldman Sachs & Co. LLC an investment adviser registered with the SEC. References to Honest Dollar in these FAQs include or mean Goldman Sachs & Co. LLC, where applicable.