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FeeX finds 8 types of fees in IRA, 401(k), 403(b), brokerage and similar accounts, and helps users reduce them. 100% free and objective. The FeeX Sucker Meter™ will show you how much you’re paying, and with crowdsourcing, what you could be paying instead.
PRODUCTS & SERVICES
FeeX is a free to users service that helps to reduce fees from investments (IRA, 401(k), 403(b), brokerage accounts, and other investment-type accounts). FeeX does not evaluate investment choices or strategy, but finds ways for users to invest according to their choices while paying the lowest fees available. In order to help switch to similar low-fee alternatives, FeeX presents alternative investments with better past returns (when possible) than the original investments. FeeX also offers advisors personal, automated, financial analysis and comparison solutions.
FeeX is free for users, but has referral arrangements with some of the financial services providers, so if the user opens an account with one of these providers, the provider will compensate FeeX for referral. The user is not charged higher fees by any of these providers due to their referral arrangements with FeeX.
PRIMARY PROBLEM SOLVED
Nearly all investments — including those in IRA, 401(k), 403(b), 457 and brokerage accounts — have fees. FeeX is a free service that finds these fees and helps to reduce them. The company's mission is to break the asymmetry of information in financial decisions.
DATE OF LAST FUNDING
SERIES A · $3 M · Aug 2013
SERIES B · $6.5 M · Aug 2014
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