Sootchy Securities offers college savings advisory services through a web-based platform and mobile application. The firm helps clients invest in 529 plans, which offer tax and financial aid benefits. Sootchy provides non-discretionary college investment management services tailored to individual needs based on information submitted via an investment questionnaire. The mobile application recommends risk-adjusted target date funds, but clients are responsible for making investment changes directly with the 529 Plan.
Fee Structure
Sootchy Securities does not charge a fee for its advice. They recommend target date funds within 529 plans. A transaction fee is charged if you receive gift contributions from friends and family, processed through an affiliated company, Sootchy, Inc.