EasyVest

The minimum initial deposit required is $200. Once you open your account, you must maintain a balance of at least $200.

There is an account management fee of 0.6% per year (charged monthly) of the value of your investments. The fee is a subject to a minimum of $.50 per month.

• Note: Levo CU receives a share of the advisory fee equal to 0.1% of the value of the account per year; Access Softek Advisory Services’ share is 0.5% of the value of the account per year.

With any investment, there is a risk that you may lose your investment. Should the market value of your account decline, your account may lose value. However, portfolios managed within an EasyVest account are rebalanced monthly to maintain the level of risk that aligns with a member's goals.

You may email a client service specialist at InvestSupport@AccessSoftek.com.

Only the primary account holder may open an EasyVest account.

Contact information for your investment account is automatically pulled from your online/mobile banking account. Any time you make an update to your contact information inside digital banking, that information will automatically sync with your investment account the next time that you open the investment portal. If you ever have issues with the contact information on your account, you can contact support at investsupport@accesssoftek.com.

Please log in to your online account. In the navigation bar, find the Accounts tab. Select the Investment Portfolio tab under Accounts. From there you can see Portfolio Overview, Transactions, eStatements, and Settings pages for you to track your investment account.

Please go to Portfolio Overview page, where you can find Portfolio Balance, Portfolio Performance, Total Earnings, and Holdings Details. Please note that we allocate around 3% cash reserve in your portfolio for fee collection and general liquidity purposes. When we calculate the total gains for you, this 3% cash reserve is also included.

All documents are available online. Please go to the Transactions page where you can view these forms.

Please go to Settings page, and click the Show My Account Number button.

We offer a variety of different portfolio composed of lower-cost, broad index, passive Exchange Traded Funds (ETFs). We currently use BlackRock iShares passive ETFs. Portfolios contain between 4 and 10 broadly-diversified Index ETFs. Each portfolio is diversified to reflect the client’s individual time horizon, risk tolerance and investment objectives. The longer your time horizon and the greater your risk tolerance, the more likely your portfolio will contain a broader selection of domestic and international stock and bond ETFs.

You can switch your portfolio by updating your profile. Please go to Settings page and click the Update preferences button to update your preferred risk tolerance and time horizon. We will provide a new portfolio suggestion after we receive your updated profile.

You can open as many investment accounts with us as you like. This means you could save for a down payment, your child’s education, and your retirement all at the same time.

Yes! Please enter the email address for the joint user when you start the investment account opening process. Our system will send out the invite to the user. After the application is complete, you will both enjoy joint access to this investment account.

As of December 2021, Company, partnership and LLC accounts are not available. We value your feedback and may be able to offer this in the future based on our customers’ needs.

We are currently in the process of rolling out Custodial Account availability. We hope to make Custodial Accounts available in early 2022. This will allow you to open an investment account on behalf of a minor. Custodial Accounts are a great way to help the younger generation save money and learn about investing.

Yes, you can set up an automatically-recurring transfer. Our maximum recurring transfer amount is $5,000. Funding frequency options for recurring transfer are:

• Every 2nd Monday of a month
• 15th of every month
• First day of a month
• Daily (every business day)
• At the beginning of each calendar quarter

Yes, you can transfer or withdraw funds. There may be a delay due to federal guidelines. See our other question & answer about limits on withdrawals and transfers for more information! 

We charge $0.25 for each withdrawal and there are no limits on the number of times you can withdraw. There is an ACH transfer limit of $110,000 per transfer.

You can withdraw the funds in your investment account by opening the investment portal and navigating to the Transfers & History tab.  It can take 3 to 5 business days for the transactions to be fully processed due to the time required to buy or sell the securities and move the money to or from your checking or savings account, which happens via Automated Clearing House transfer. Your account will typically be required to sell securities to fund a withdrawal.  A sale of securities will likely result in taxable gain or loss for you. You should consult with your own tax advisers before deciding to withdraw funds from your account.

If you make significant withdrawals from your investment account before the estimated time horizon you provided during account creation, your account may not perform as intended.  An early withdrawal may result in a loss of principal or subpar performance. The larger the time differential from your stated time horizon, the greater the likelihood of loss or underperformance might be.

All deposits into the investment account have a 30-day hold to comply with anti-money laundering regulations. After this 30-day hold expires, you may withdraw some or all of your funds at any time. It can take 3 to 5 business days for the funds to appear back in your checking/savings account.

The Automated Customer Account Transfer service, or ACAT, automates transfers of assets and cash between brokerage firms. Generally, an ACAT transfer is faster and more convenient than other types of transfers. All the assets will be transferred in-kind, liquidated once received and reinvested into target portfolio.

All the assets will be transferred in-kind, liquidated once received, and reinvested into target portfolio. Thus, there could be tax consequences for this action. Please note that if you transfer assets that our broker does not support, your transfer will fail. You may find the list of supported instruments here https://help.drivewealth.com/article/14-drivewealths-product-list. Once you submit the request, it may take up to 2 to 3 weeks before it gets fulfilled. To help us start working on your request, please provide your institution Depository Trust Company (DTC) number and carrying account number.

For new investors, please start to transfer assets in Transfer Funds page (Step 9 of 11). Click “I would like to transfer my assets to EasyVest” and set up your transfer by providing your Depository Trust Company (DTC) number of the organization and source account number. For investors who currently have an investment account with us, please click Investment on the navigation menu and go to Transfer Funds page. Select the portfolio you wish to transfer and set up your transfer by providing us the DTC number of the organization and Source account number. We will ask you a few questions about your current firm, so it helps to have a statement handy.