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Ellevest: Invest, Bank, Career

Ellevest: Invest, Bank, Career

Ellevest

Where Women Money: Financial Company Built by Women, for Women

4.7 Ratings 3K+ Reviews 5K+ Downloads

Ratings & Reviews

4.7
2.9K+ Ratings
  1. 5
    85+%
  2. 4
    7+%
  3. 3
    2+%
  4. 2
    1+%
  5. 1
    4+%
Write a Review
  • Apr 2, 2021

    By Kylia West
    The log in features are sometimes trickier than the web browser platform. It is sometimes difficult to log in. However the company is wonderful and the app platform and content are excellent... just once you get logged in.
  • More Data & Education About YOUR Accounts Feb 8, 2021

    By Mbderby68
    I love Ellevest and everything it stands for, and as a woman in my late-twenties who had yet to build a dedicated investment account outside of my 401K, I was really excited to branch into investing with Ellevest! The articles and courses for learning are great. I think Ellevest still has a lot of improvements they can make on sharing data, insights and learnings for your accounts. Finding the accounts that my money is invested in and learning more about them isn’t super user-friendly or intuitive and honestly doesn’t make much sense. It would be great if there were articles or an easy way to learn more about what they’ve invested my money in and why. There’s a chart that shows my overall projections based on what I invest each month, but I’d also love to see a chart with my overall account holdings over time and see how it’s risen and grown. I feel like their education offerings are very generic and would appreciate if they could build those features out to be more specific or at least link to education articles that could teach me more when I’m in my account looking at my portfolio. Overall, I really believe in this company and am glad to be supporting it, but I don’t feel like I’m learning as much as I could and don’t have as much visibility and education on my portfolio as I’d like. Hoping that’s in their improvement plans in the coming year!
    more
  • Mar 28, 2021

    By Ter L
    On iOS you can transfer from a bank account; on Android 11 (not sure if on earlier versions) you can only transfer from internal accounts. I don't know if it's hidden accidentally due to screen size but can't even scroll down to get to it So that's a major flaw but otherwise great app
    more
  • Fan of the brand not the app Aug 26, 2020

    By CarJasPa2013
    I love Ellevest as a brand and have followed their newsletters for months before downloading the app and starting an investment account. I am shocked at how buggy the app experience is - 1) logging in was a pain because Face ID and any saved passwords were not working at all; the login boxes remained blank. 2) I reset my password and after getting an in-app confirmation, something was running in the backend that forced the app to run without dimming or locking, so by the time I got back to my phone it was raging hot. 3) The text input was wonky and every time I tried inputting my login info or reset password info the CTA under it would block the text somehow so it was hard to see what I was typing? 4) Basic things like changing linked bank accounts or upgrading/downgrading/canceling memberships are difficult, and I get it, you need to make money but it’s a treasure hunt which is an unpleasant user experience. Things I do love: the brand, Sallie, and the aesthetic of the app. The content available is also very interesting and I’ll give the app some more of my time!
    more
  • Mar 17, 2021

    By Marissa Kubinyak
    This is such a great resource! Intuitive functions, easy status checks on my investments and accounts, and a literal wealth of financial education opportunities! Love, love, love!
  • Better options available Feb 16, 2021

    By Fgbbhh
    I signed up with Ellevest when it first started a couple of years ago. I didn’t know anything about investing and it seemed like a safe way to get started. While it was handy with auto-withdrawals from my bank and managing investments for me, it didn’t really help me learn anything. I did a lot of my own research to understand what I wanted to do with my money. I was okay with paying fees knowing that I’d get that extra assistance that I needed, but I still wasn’t earning enough to meet my goal and was constantly suggested to add large one-time deposits to “get back on track”. It started to feel more like a savings account in which I was the only one contributing and not making much profit (while also paying fees) I started watching more videos and reading articles about investing, stocks, etc and decided to use Robin Hood instead. It’s also a beginner friendly app which helps you get started in stocks with no fees (unless you want the added services) Overall, Ellevest may be a good place to start where young women will feel empowered but ultimately you may want to take charge of your own money and move your accounts elsewhere
    more
  • Thanks, I hate it Sep 18, 2020

    By Heatherine
    This app is so buggy and hard to use. I can find no app tutorials, no screen captures, no walk-throughs. It’s really terrible. I also can’t find any option to cancel, change my membership, etc. I’ve been waiting for my bank to be verified for a week and no communication or anything regarding it. I got a debit card in the mail and I activated it, and went to put money on it...there was some quick button to transfer money, I chose $50. It didn’t say where it was taking it from and no option to see the history(such as pending transactions, etc.) I realized my bank isn’t even verified yet...so...how could it transfer $50? WTH is happening!? Lol! I uploaded my bank statement so they can verify it and it never confirmed the upload. When you go to the upload bank statement option, it just lets you upload it again and again while never confirming. I really hate this app, I do not want to involve any of my dollars with this company that can’t even get this app straight. Going over to Robinhood, trying to cancel my membership here.
    more
  • Mar 29, 2021

    By Millanne Garcia
    I was recommended by some friends to start investing. I remembered watching a video about this app about a year ago and decided to try it, unfortunately I have to have a minimun number per year, and as a part time worker, there's no way I'll be making $12k... I just wanted to invest the money I had on my account... I'm slightly upset.
    more
  • Feb 10, 2021

    By Nicolenya Caltman
    I am deleting my account. I usually go through PayPal and got a bank account this weekend just to do elevest. It should not be this hard. The other investment places aren't giving me this issue. I will do business with them. I was hoping this would be resolved but it isnt. My review stays. I assume I am going to have this same issue and if I do I am not going to be happy. I just opened this account specifically for investing. The app didn't even give me that option!
    more
  • Scam or someone is likely to get charged with White Collar theft (1st degree) Aug 20, 2019

    By Greeneyeslady918
    I requested a withdrawal a week ago and they supposedly sent it to my bank on 8/15. They said it would take up two business days. I understand there’s a lot of money laundering laws that it take time before it’s sent to a bank 7 days or more depending on the amount. I went to the bank today 8/20 like they told me to and ask where’s it at. My bank told me there’s no pending withdrawal from Folio company. Well there’s a lot of money went down the drain and must I remind you that this could be a trace for a white collar crime or even federal charges if it’s reach to that level. I had to tell the bank to make it stop payment from this company, which was $30. Not happy. It’s not worth going for this company to throw away money and this company should shut down before they face bigger issues.
    more

No reviews available

  • Mar 17, 2021

    By Marissa Kubinyak
    This is such a great resource! Intuitive functions, easy status checks on my investments and accounts, and a literal wealth of financial education opportunities! Love, love, love!
  • Feb 8, 2021

    By Alexandria Rey
    I love this service, the app works perfect as well. I trust this company wholeheartedly. they're attentive to your questions and needs and very helpful won't learning more about money as well their company.
  • Feb 7, 2021

    By Alexis Morrison
    easy to use! everything in one spot with lots of help and ideas to help become confident in your finances
  • Regret not starting sooner Aug 5, 2020

    By rmsnyc
    I heard of Ellevest about a year ago and the mission immediately appealed to me. However, I put opening an account with them on the back burner because I was apprehensive. Now looking at how easy, simple, and good returns; I really regret not starting sooner. With their new changes, I’m predicting that more young women will join because it’s worth it. Last, I don’t understand the complaints, the app is simple and has an appealing UI that’s easy on the eyes! I think the issue is some women don’t understand, they are a roboadvisor.
    more
  • Jan 31, 2021

    By Cooper Long
    phenomenal app with plenty of features readily available as soon as you sign in.
  • Apr 2, 2021

    By Kylia West
    The log in features are sometimes trickier than the web browser platform. It is sometimes difficult to log in. However the company is wonderful and the app platform and content are excellent... just once you get logged in.
  • Mar 28, 2021

    By Ter L
    On iOS you can transfer from a bank account; on Android 11 (not sure if on earlier versions) you can only transfer from internal accounts. I don't know if it's hidden accidentally due to screen size but can't even scroll down to get to it So that's a major flaw but otherwise great app
    more
  • Jan 18, 2021

    By Irisha Hardin
    Yeess Ive been waiting for this app!! Thank goodness it came at such a perfect time. I will be back to leave an actual review once i get all set up. One of the reason i never got started in the first place.
  • Great concept, app needs development Jun 11, 2020

    By Adelais Desu
    I havent gotten any technical glitches or issues so far, but i do have a few things i think would make the app have a better flow: 1. I would like tp edit my goal without having the app trying to start another base deposit. 2. Moving the one time deposit next to/near the auto deposit editor would be nice. 3. I noticed after updating the auto deposit, the history of my transactions/deposits are no longer available.
    more
  • More Data & Education About YOUR Accounts Feb 8, 2021

    By Mbderby68
    I love Ellevest and everything it stands for, and as a woman in my late-twenties who had yet to build a dedicated investment account outside of my 401K, I was really excited to branch into investing with Ellevest! The articles and courses for learning are great. I think Ellevest still has a lot of improvements they can make on sharing data, insights and learnings for your accounts. Finding the accounts that my money is invested in and learning more about them isn’t super user-friendly or intuitive and honestly doesn’t make much sense. It would be great if there were articles or an easy way to learn more about what they’ve invested my money in and why. There’s a chart that shows my overall projections based on what I invest each month, but I’d also love to see a chart with my overall account holdings over time and see how it’s risen and grown. I feel like their education offerings are very generic and would appreciate if they could build those features out to be more specific or at least link to education articles that could teach me more when I’m in my account looking at my portfolio. Overall, I really believe in this company and am glad to be supporting it, but I don’t feel like I’m learning as much as I could and don’t have as much visibility and education on my portfolio as I’d like. Hoping that’s in their improvement plans in the coming year!
    more
  • Fan of the brand not the app Aug 26, 2020

    By CarJasPa2013
    I love Ellevest as a brand and have followed their newsletters for months before downloading the app and starting an investment account. I am shocked at how buggy the app experience is - 1) logging in was a pain because Face ID and any saved passwords were not working at all; the login boxes remained blank. 2) I reset my password and after getting an in-app confirmation, something was running in the backend that forced the app to run without dimming or locking, so by the time I got back to my phone it was raging hot. 3) The text input was wonky and every time I tried inputting my login info or reset password info the CTA under it would block the text somehow so it was hard to see what I was typing? 4) Basic things like changing linked bank accounts or upgrading/downgrading/canceling memberships are difficult, and I get it, you need to make money but it’s a treasure hunt which is an unpleasant user experience. Things I do love: the brand, Sallie, and the aesthetic of the app. The content available is also very interesting and I’ll give the app some more of my time!
    more
  • Enjoying. However, would appreciate more features Feb 18, 2021

    By ash.ml
    It’s a good app all around. Well designed, educational, attractive. Not great though, and here’s why. There are very important features missing. If I am spending my money on an app for money management, I want it to be wholesome and complete with cash management tools/features. Two features I DEEPLY miss from other banking apps: 1. The option to save for different goals without using an investment account to do so. This feature helps me organize my finances for things like groceries, yearly bills, or other upcoming expenses that I don’t necessarily want to invest money to save for (too short term). It’s more of an organization feature than anything. (Simple Banking app has this for free) 2. A complete budgeting feature! Please add these two things, Ellevest! If these features were added, this would be my absolute favorite banking app (and much more worth the monthly fee). Another note- Ellevest works great on new phones, but if you have an old phone it probably won’t work, unfortunately. :( I had to wait almost a year to use this app after much frustration with trying to set up an account on an iPhone 6—now that I have the iPhone 12 it works like a dream, though.
    more
  • First Review Deleted? Jul 2, 2019

    By Bookstanista.com
    Not sure what happened to my first review. I came on to update it and it’s gone. Here’s my experience. I contacted customer service to stop automatic withdrawals and I never received assistance. I wanted to close the account but all the money had to be withdrawn which can take 5 business days or more. Needless to say, I wasn’t happy or excited about the app. Fast forward, the app itself doesn’t and I repeat DOES NOT have the same features as the website. You have more control using the website than the app. I was able to stop my own auto withdrawals. I only use the app to check my funds. What I do love is my money started making me money right away. I was going to close the account but I’m keeping it open and investing small amounts as I have three other accounts with other companies. If you’re not happy with the app, use the website. So far, I haven’t figured out how to change my investments. Hopefully, we will have that option soon. I give it 3 stars ⭐️ ⭐️ ⭐️ The app needs the same if not more features than the website.
    more
  • Thanks, I hate it Sep 18, 2020

    By Heatherine
    This app is so buggy and hard to use. I can find no app tutorials, no screen captures, no walk-throughs. It’s really terrible. I also can’t find any option to cancel, change my membership, etc. I’ve been waiting for my bank to be verified for a week and no communication or anything regarding it. I got a debit card in the mail and I activated it, and went to put money on it...there was some quick button to transfer money, I chose $50. It didn’t say where it was taking it from and no option to see the history(such as pending transactions, etc.) I realized my bank isn’t even verified yet...so...how could it transfer $50? WTH is happening!? Lol! I uploaded my bank statement so they can verify it and it never confirmed the upload. When you go to the upload bank statement option, it just lets you upload it again and again while never confirming. I really hate this app, I do not want to involve any of my dollars with this company that can’t even get this app straight. Going over to Robinhood, trying to cancel my membership here.
    more
  • Mar 29, 2021

    By Millanne Garcia
    I was recommended by some friends to start investing. I remembered watching a video about this app about a year ago and decided to try it, unfortunately I have to have a minimun number per year, and as a part time worker, there's no way I'll be making $12k... I just wanted to invest the money I had on my account... I'm slightly upset.
    more
  • Jan 24, 2021

    By Jenifer Luong
    It keeps crashing and I had to sign in 4 times in the last 10 minutes.
  • Very buggy Oct 21, 2019

    By Jaclynherr
    I love the idea of this app - if only I could actually deposit money to start investing! I’m stuck in an endless loop of trying to connect my bank account and make my first deposit. When I enter my bank login information and then select an account to link, it just sends me right back to the bank login screen even though the login should have been successful. The UI of the app is a bit confusing and there’s no way to check whether my deposit was initiated or whether my bank account was actually connected. I’d steer clear of wasting your time setting up your account on this app until they fix these major usability issues.
    more
  • Better options available Feb 16, 2021

    By Fgbbhh
    I signed up with Ellevest when it first started a couple of years ago. I didn’t know anything about investing and it seemed like a safe way to get started. While it was handy with auto-withdrawals from my bank and managing investments for me, it didn’t really help me learn anything. I did a lot of my own research to understand what I wanted to do with my money. I was okay with paying fees knowing that I’d get that extra assistance that I needed, but I still wasn’t earning enough to meet my goal and was constantly suggested to add large one-time deposits to “get back on track”. It started to feel more like a savings account in which I was the only one contributing and not making much profit (while also paying fees) I started watching more videos and reading articles about investing, stocks, etc and decided to use Robin Hood instead. It’s also a beginner friendly app which helps you get started in stocks with no fees (unless you want the added services) Overall, Ellevest may be a good place to start where young women will feel empowered but ultimately you may want to take charge of your own money and move your accounts elsewhere
    more
  • Feb 10, 2021

    By Nicolenya Caltman
    I am deleting my account. I usually go through PayPal and got a bank account this weekend just to do elevest. It should not be this hard. The other investment places aren't giving me this issue. I will do business with them. I was hoping this would be resolved but it isnt. My review stays. I assume I am going to have this same issue and if I do I am not going to be happy. I just opened this account specifically for investing. The app didn't even give me that option!
    more
  • Scam or someone is likely to get charged with White Collar theft (1st degree) Aug 20, 2019

    By Greeneyeslady918
    I requested a withdrawal a week ago and they supposedly sent it to my bank on 8/15. They said it would take up two business days. I understand there’s a lot of money laundering laws that it take time before it’s sent to a bank 7 days or more depending on the amount. I went to the bank today 8/20 like they told me to and ask where’s it at. My bank told me there’s no pending withdrawal from Folio company. Well there’s a lot of money went down the drain and must I remind you that this could be a trace for a white collar crime or even federal charges if it’s reach to that level. I had to tell the bank to make it stop payment from this company, which was $30. Not happy. It’s not worth going for this company to throw away money and this company should shut down before they face bigger issues.
    more
  • Bank account never confirmed Sep 12, 2020

    By vi1010
    I joined ellevest in July at $9/month level and uploaded banking information and lots of private information. Could not access the essential parts of the app like banking to set up spend and save accounts because the app said it was still verifying my identity and bank info. No option within the app to change membership levels or cancel membership. Emailed someone at the app they said they’d extended my free membership for several months but my bank info was still being verified. August came and went no verification Early September still no verification and customer service was concerned I wanted to leave but would not look at my account and address the issue with bank verification. Was never able to use the essential features of this app or invest or save any money. Cancelled membership.
    more
  • So, what are you doing with my money? Mar 1, 2020

    By HappyCamper12095
    It’s got a very nice design, but other than that I’m a bit disappointed with it. It boasts empowerment of women and teaching about stocks and bonds. After a few months of use, I don’t feel educated. I feel patronized. My money is taken from the account, placed into random stocks and bonds- no questions about where I would like it to go. No education about whether it’s going to companies I’d like to own stock in, and not much else to help other than a pie chart and a vague graph. What if I want to diversify my portfolio in different ways? What if I’d rather not buy stock into one of your set chosen enterprises? At this point, I’d just like to liquidate my interests, and delete. Don’t get if you’d actually like to learn anything about or be in charge of your stock market investing.
    more

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