A financial advisor is there to help you invest and manage your hard-earned money for whatever future goals you might have. Just like many other professionals, financial advisors’ style, results and costs may vary significantly. If you have a legal problem, you would probably want to hire a lawyer, unless you have a high degree of legal expertise. If you have a medical problem, you would probably want to see a doctor unless you are a doctor yourself. If you want to remodel your bathroom, you would probably hire a contractor, unless you have the expertise and the time to do it yourself. So unless you are very comfortable with markets and investing, and have the time and patience to manage your funds, it is a good idea to hire a professional.

Passed Pawn Advisors utilizes the latest methodology and technology to create sensible and affordable financial solutions for our clients. We automatically allocate and manage your low-cost investment portfolio based on your risk profile. It may sound similar to the so-called robo-advisors, but we do not believe that one size fits all.

Many institutional investment managers would cost more, yet may be unable to fully customize your portfolio for various reasons. They may be constrained by a prospectus of their fund, being part of a larger institution may limit risk by imposing institutional mandates on portfolio allocations, and finally, their career and compensation may prevent them from taking the appropriate risk.

What sets us apart is the ability to provide you with a highly customizable combination of thematic and impact portfolios designed around your values and ideas, while keeping your fees low.

We offer investment management services. That includes creating and maintaining investment portfolios across multiple account types, as well as some additional services such as tax harvesting and optimization.

Please note that we do not provide the following services:

There is no minimum to invest, but there is a minimum annual fee. Please make sure to check out our Brokers & Fees page. Also, please bear in mind that each broker may have their own account minimum.

We’re serving all 50 states and US territories, but you have to be a US citizen or permanent resident.

If you or any member of your household is affiliated with or employed by a member of a stock exchange or the Financial Industry Regulatory Authority (FINRA), you may be required to have that Associated Person fill out a Rule 407 letter from their employer, which would allow you to open and maintain accounts at other member-firms by sending duplicate statements and confirmations.

Please contact the Member Firm’s Compliance Department and if required, a compliance officer should fill out a Rule 407 letter and it should be submitted directly to your broker or to Passed Pawn Advisors by email at Compliance@PassedPawnAdvisors.com.

Please note that unlike brokerage accounts, advisor accounts typically do not have to be held only at the brokers pre-approved by the Member Firm.

Absolutely. Download your free Apple or Android app here:
 

By registering you gain access to these benefits:
Registration is free and we respect your privacy. See our Privacy Policy for full details.

We offer three simple plans: the Starter, a basic fully digital option; the Impact, which includes semi-annual call with an advisor, and the Power Plan, a full-featured advisor account. More information on features and pricing is available on our Brokers & Fees page.

To setup your account, follow these simple steps:

1. Register and fill out your profile
2. Call us at 646-927-0871 and we’ll guide you through the account opening process

This information is available on our Brokers & Fees page.

This information is available on our Brokers & Fees page.

This information is available on our Brokers & Fees page.

Folio Investing is a new generation broker that allows clients to build a custom portfolio of up to 100 stocks or exchange-traded securities and trade that “folio” in a single transaction. Their advisor services allow us to create custom client portfolios at significantly lower cost than through traditional brokers. We recommend using Folio as a complimentary, tactical portfolio, or consider using it exclusively for smaller investment portfolios. They also provide a custody platform for private investments.

You absolutely can. You can build your own portfolio and even use Ready-To-Go folios created by the broker. However, our portfolios are not public. You will be responsible for transaction fees and also won’t be able to take advantage of our automated rebalancing, portfolio allocation, and ongoing portfolio management.

Absolutely. We actually never handle your money, bank accounts or credit cards. The custody of your investments and cash balances stays with the brokers at all times. The brokers provide bank-level encryption to guard your financial and personal information, and your money is covered by both SIPC and external insurance. See Folio Investing and Interactive Brokers for more information.

Our fees are deducted by the brokers directly from your investment accounts. All confidential client information that we retain is likewise encrypted and never stays on our website.

Your account fees will be automatically taken out of your brokerage account quarterly. There is no need to provide us with your bank account or credit card numbers.

Tax reporting is the responsibility of the brokerage. All of the tax documents will come from them.

You can change your password from the My Account page.