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Power Law company profile

Ellevest

Fintech · New York City, United States · Founded 2014

Ellevest is a financial company designed by women, for women, aiming to close the gender money gaps. It offers a range of services including financial planning, career coaching, investing, and banking that provides cash-back rewards. Ellevest serves primarily women but welcomes clients of all gender identities and expressions. Operating in the financial services market, Ellevest uses a digital investing platform that incorporates gender-specific salary curves and longevity data to deliver personalized financial recommendations and forecasts. The company generates revenue through membership fees and a percentage fee on investments. Ellevest also provides private wealth management services for clients looking to invest $1 million or more. The business model focuses on empowering women to achieve their financial goals through tailored advice and support. Keywords: financial planning, career coaching, investing, cash-back banking, gender-specific, personalized recommendations, digital platform, private wealth management, women-focused, financial empowerment.