Why Choose EasyVest?
EasyVest is designed to make investing simple and accessible. For as little as $200, anyone can create a profile and start investing in just a few minutes. EasyVest is an automated system that constantly processes and analyzes live market data to optimize your portfolio based on your goals. After answering a few basic questions about yourself, the platform will be able to better understand your financial hopes and goals. Then, EasyVest will tailor an investment strategy to help you achieve those goals and continuously optimize that strategy in real time.
First Service members can get started with the platform in minutes. All you have to do is log in to First Service digital banking, navigate to EasyVest, and select Get Started. You will be asked a series of questions to help the platform understand what you’re hoping to achieve and create an investment strategy especially for you. That’s all it takes!
LOG IN TO DIGITAL BANKING
Common Questions about 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 charged. It is based on a percentage, 0.6% per year (0.15% per quarter), of the value of your investments. This fee is subject to a minimum fee of $1.50 per quarter.
As 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.
Rebalancing is the practice of moving funds between exchange traded funds (ETFs) over time to align the overall investment strategy with a member’s financial goals. Each ETF is a diversified investment that changes over time. As ETFs change, they may become more or less closely aligned with an investor’s financial desire. When that happens, money is moved around to ensure it is being invested most appropriately. Rebalancing is done monthly.
When using EasyVest, you create an investment account that invests in securities. Your account is not a First Service share. The investment account is held at DriveWealth, LLC, a securities brokerage firm that is not associated with First Service. The account is managed by Access Softek Advisory Services, LLC, which is also not affiliated with First Service.
Automated investment management is a data-driven, algorithmic approach to investing. By understanding things about an investor, like their financial goals and risk tolerance, the automated system is able to process and analyze significant amounts of data in real time to make frequent enhancements to an investor’s portfolio. This helps ensure that all money invested in the portfolio is being put to the best possible use according to the investor’s profile.
Your investment account is not protected against loss by any insurances. Accounts at DriveWealth, LLC, are insured by the Securities Investor Protection Corporation, which protects investment accounts should DriveWealth experience financial difficulty. However, SIPC insurance does not protect your account against loss caused by market decline.
DriveWealth, which provides brokerage services through EasyVest to First Service members, is an SEC-registered broker-dealer and a member of FINRA/SIPC, a regulator for all securities firms doing business in the United States.
If, at any point, you would like to close your EasyVest account, please contact the team by email at InvestSupport@AccessSoftek.com. You will be charge any remaining fees if your account is closed before the billing cycle ends. All recurring and/or scheduled deposits and withdrawals will be cancelled. Processing may be delayed up to one full business day to accommodate possible ACH transfers.
The final balance from your closed account will be transferred back to your First Service account by ACH deposit, which may take up to 3 – 5 business days. You may not close your account until it has been open for at least 30 days.
Currently, EasyVest only supports a single investment account for each membership.
EasyVest allows you to open a brokerage account with a joint owner. During enrollment, you can enter the email address of the joint user and an email will be sent to invite the user to enroll. The joint owner must also be a member of First Service to accept your invitation.
EasyVest does not currently support company, partnership, and LLC investment accounts.