Titan Invest is taking the robo-advisor world by storm with its brand-new approach that provides managed portfolios similar to hedge funds. But can it bolster your investing strategy, or will it fizzle out and be replaced by traditional hedge funds in the future? Read our Titan Invest Review to find out!
Titan Invest: Overview
Titan Invest is a robo-advisor that combines the convenience of an online platform with a team of experts who conduct extensive research on your behalf and manage your portfolio.
Oh, so like a traditional hedge fund or mutual funds?
Actually, it’s not the same as a hedge fund or mutual fund because your money doesn’t combine with other people’s investments.
So your Titan Invest account is all yours — this is not a pooled investment program.
Also, hedge funds are typically only open to accredited investors with a net worth of $1 Million, which prices out a lot (probably most) of the market.
Fortunately for you, Titan Invest is an online investing platform that provides a managed investment strategy for as little as $100 to start — most hedge funds require a minimum investment of $100,000.
More on Titan Invest
Inverse exchange-traded funds (ETFs) are used to hedge Titan’s risk in case of a prolonged market downturn.
You can also open taxable accounts or choose from a variety of portfolio options through this robo-advisor platform (more on that later).
There are also four portfolios to choose from: Titan Flagship, Titan Opportunities, Titan Crypto, and the Titan Offshore Portfolio.
An Innovative Investment Strategy
What makes this hedge-fund-like investment app different from most robo-advisors is its approach to investing in the stock market.
Instead of investing in many companies, the team is so confident in their picks that they only invest in 20 stocks for its portfolios.
They even claim to outperform the S&P 500 and Betterment, among others.
It is important to note that while this strategy does seem to be working for Titan, investing in such a low number of companies at once can increase risk.
Hedge funds often play off a high-risk, high-reward strategy, so they aren’t really a safer investment anyways.
That being said, Titan is not a hedge fund, and its strategy appears to be paying off.
Titan Invest: Company and Investment Team Background
The idea for Titan Invest started with three entrepreneurs and former hedge-fund managers: Clayton Gardner, Joe Percoco, and Max Bernardy.
Each of the three members brings a unique set of skills, including software and investing expertise.
Titan rolled out its services in 2018, which makes it a relatively newer company — though many robo-advisors are because it’s an emerging technology.
The rest of the Titan team comprises software engineers, financial advisors, marketers, and client support experts.
This culmination of experience is a winning combination for a hedge-fund-like robo-advisor platform.
While Titan is relatively young, it hasn’t stopped 25,000+ people from placing their hard-earned dollars in this investing company’s hands.
It’s not surprising, though, when you consider how accessible the robo-advisor makes hedge-fund-like investment strategies.
How Does the Titan Invest Work?
You can download the Titan Invest mobile app with Apple or Android, and it’s highly rated and easy to install.
From there, you can sign up for the platform.
The robo-advisor platform requires at least $100.00 to start investing funds.
When you sign up, the app asks you some questions, including contact information, occupation, and what type of account you’d like, either an individual investing account or an IRA ($100 account minimum investment).
Other questions the app asks:
- Net worth
- How long you’ve been investing
- How long you are planning on investing with the company
- Yearly income
- Investing style: conservative, moderate, or aggressive
The wealth calculator helps you understand how much your funds could be worth, and you can effortlessly adjust the amounts, time, and return rate.
The app also includes information about how its previous investments performed, and it provides a rundown of the company’s performance.
This section goes over which businesses are generating the most money and seeing the worst returns.
Also, there’s an explanatory video and easy access to your Titan Invest portfolio.
Though, if you’ve ever looked into a managed investment strategy like hedge funds or mutual funds, the concept should be pretty easy to follow.
You may want to look into how to set up a personalized hedge, however, because that is a more advanced strategy.
Titan Invest Review: Titan Invest Features
Keep reading the features section of our Titan Invest Review for a deep dive into everything the hedge-fund-like service has to offer.
But what about Titan’s portfolios?
Titan offers a variety of portfolios to choose from, all of which have their own unique investing style.
Keep in mind that these are considered long-term investments, so most of the portfolios use a buy-and-hold strategy rather than market timing.
Currently, there are four portfolios to choose from:
- Titan Flagship Portfolio contains 20 large-cap stocks that the company believes are poised to outperform the S&P.
- Titan Opportunities Portfolio focuses on small and mid-cap companies with high growth potential.
- Titan Offshore Portfolio provides exposure to international emerging and developed markets.
- Titan Crypto Portfolio is a relatively new addition, which targets high-cap crypto assets.
If you are looking for a place to start, we recommend checking out the Titan Flagship (large-cap growth strategy) or Titan Opportunities (small to mid-cap growth strategy).
Another great feature is the ability to add a personalized hedge, which gives you control over your portfolio by adjusting it based on your risk tolerance level — though it is a more advanced investment strategy.
Investment Account Types
Titan allows for the creation of retirement accounts, such as Traditional and Roth IRA options.
You can pick whichever one you prefer based on your investment strategies.
You’re free to create your IRA directly through this platform or roll over your retirement accounts into Titan if you want.
If you prefer, you may place your money into individual investments instead.
Titan takes your investment amount and divides it up equally between 20 different stocks.
You can link your Titan account with Mint or Personal Capital.
The mobile app makes linking accounts seamless, and it may add Quicken as well sometime down the road.
It saves you from wasting time fumbling back and forth through multiple apps just to check your accounts.
Titan Invest Account Custodians: Apex Clearing Corporation
APEX Clearing Corporation is a well-respected company that works with Titan Invest.
It’s been in operation since 2012 when it was started by Peak 6.
The company’s SIPC coverage offers protection for investors if a company is unsuccessful.
Other well-known robo-advisors, such as Wealthsimple and Betterment, trust Apex Clearing Corporation with their own companies.
What Are Titan Invest’s Fees
Titan charges no fees for instant depositing money into your account.
If you prefer an automated approach, you can even set up a recurring deposit for effortless investing.
Though, if you withdraw, you must take out at least $100.00.
While this may seem like a downside on the surface, it’s incredibly convenient when compared to hedge funds.
Advisory Fees: Annual or Monthly
You’ll be charged a flat 1% advisory fee on your account balance if you’ve put $10,000 or more into Titan (after subtracting withdrawals).
If your total deposit amount is less than $10,000 (net of withdrawals), you’ll be charged a fixed $5 monthly charge in place of the annual advisory fee.
If you take into account that there are also no performance fees, this is a really good deal.
And it’s a very cost-effective entry point into hedge-fund-like investing.
Titan Invest Review: Is Titan Invest Legit?
Titan Invest is a legitimate, SEC-registered company with thorough security features.
The app takes many precautions to make sure your information remains safe and secure.
The company is also SIPC insured.
More on Titan’s Legitimacy
As Titan Invest is only a few years old, there’s much unknown about this company’s long-term growth.
We only know what we’ve seen in less than a decade, which may not be enough to convince some investors.
There are two sides to this coin: some will view it as a good opportunity (similar to a hedge fund, but without complications), while others will see it as untested, preferring to safeguard their money with platforms with a longer track record.
Bottom line: this app is not a scam, but that also doesn’t mean it is for everyone.
Titan Invest Review: Is the Titan Invest Safe?
Whenever dealing with digital investing opportunities, you want to know that you can trust the company handling your money.
The Titan Invest app keeps your information secure through 256-bit encryption and SSL.
Since they’re SIPC insured through APEX Clearing Corporation, you have protection from up to $500,000.00.
This is only if the company fails, however.
So Titan Invest is as safe as most other robo-advising apps out there.
That being said, the risk factor of the investments is another matter.
How Much Does Titan Invest Cost?
Aside from the advisory fees mentioned, basic accounts require $100.00 to begin investing.
However, there is a free option where you can start without an upfront investment.
It is a nice feature if you’re looking around to see if you like the app.
There is also a unique referral program set up by Titan Invest.
If you invite enough people to join you on the app and open up accounts, you can get rid of the 1% advisory fee.
Unlike other low-value referral offerings, Titan invest’s referral program is definitely worth trying to take advantage of.
Titan Invest Cancellation Policy
You are always free to cancel your account at any time and take your money out of the app.
However, you will still have to pay an advisory fee of 1% annually for accounts above $10,000 or the $5 fee for that month.
It will also take a couple of days or so for your money to get to you after you cancel.
If you choose to withdraw from the robo-advisor, which you can do without fees, you’ll receive the money that’s in your account at that time.
It’s essential to remember that long-term investments take time.
Titan Invest Review: Pros and Cons
Titan is a sophisticated app with a great team behind it.
However, everyone has different preferences for investing.
Check out all the app’s great points and opportunities for improvement.
Titan Invest Pros
- Mobile-friendly robo-advisor
- Quick sign up and you can begin immediately
- Titan Flagship Portfolio and Titan Opportunities Portfolio offer a good place to start investing
- Can remove money from Titan Invest at any time with no fees
- Start investing with just $100.00
- Hedge-fund style investing without most of the drawbacks
- Good track record of earnings and navigating market volatility
- No performance fees like a hedge fund or an SEC-registered investment advisor would charge
- Several actively managed portfolio options to choose from
- Uses a combination of tech and analysis from the team to pick investments
- Team members worked for successful companies before joining Titan Invest
- Highly rated app
- It offers some protection for your funds when the market isn’t performing well
- Can include your own personalized hedge in portfolios
Titan Invest Cons
- Titan Invest actively manages portfolios so it’s less than ideal for someone who wants hands-on investing
- With an actively managed fund that invests in a few equities, the danger of losing money is greater.
- Still very new (since 2018), so the track record cannot yet determine its long-term value
- IRA termination fee is $60.00 per account
Titan Invest Reviews from Clients
The real test of any product is what others are saying about it.
There are some good reviews of Titan’s investment advisory services, mixed with comments that aren’t as favorable.
A statement from Robo Report on Titan Invest’s website reads:
“Over the last quarter, Titan had the best one-period return above/below the benchmark we have ever witnessed.”
It also received a 4.5-star rating from Investor.com.
Reddit’s reviews were not as positive, with people claiming that their portfolios were down.
They also expressed concern over the lack of information available (though it’s been long enough now for new information to come up online).
However, their worries got addressed by Titan Invest in the comments, so they do work hard to respond to questions from investors.
Titan does have a stunning 4.8-star review record on its mobile app, with evaluations from over 1600 customers.
Clients mention how much they enjoy the app.
They also state that they’re happy with the amount of information available and received good customer service.
The reviews are mostly positive, and since the company is still less than five years old, it may take some more time to establish a pattern.
Is Titan Invest Right for Me?
According to Titan’s team, they pick the best stocks that outperform the market and other robo-advisors, and so far they’ve been right.
However, a pattern of success does not guarantee future success.
The site provides a lot of information about its stock market performance, its team, and more if you want to do a little more digging.
The app has excellent reviews from many people, and it seems clients enjoy having the benefits of easy robo-investing while also receiving personalized attention for their accounts.
The Titan Invest robo-advisor platform could be right for you if you are:
- High-risk, high-reward focused
- Comfortable with many unknowns
- Young enough to ride out a market downturn
- Prefer to be very involved with your investments
- Enjoy learning about new types of companies and trends
- Are tech-savvy and enjoy using robo-advisors
If you feel that you fall into a few of these categories, then Titan Invest is probably an excellent opportunity for you.
If you can’t commit to keeping your funds in an account for several years, you may not see much by way of interest, and you likely won’t make money.
Final Review: Is Titan Invest Worth It?
This hedge-fund-style service has a lot to offer anyone looking for a solid robo-advisor; however, it’s mostly ideal for investors with established portfolios.
If you’re more risk-averse and are unsure about the company, it may be best to wait a while.
But if you feel that you can stand a reasonable amount of uncertainty and enjoy working with startups, this could be a great solution for you.
If you’re unsure, perhaps begin with a small number of funds, such as the $100.00 minimum investment.
Opening an account and giving yourself time to learn could make all the difference in determining whether Titan Invest is right for you.
Better Than Hedge Funds?
Far from being just another hedge fund or robo-advisors app, this company is proving itself to be capable of accomplishing what all investors hope to do… make a higher than average profit.
It brings the convenience of robo-advising to a generation that prefers mobile apps for their financial management.
Given time, in the opinion of this Titan Invest review, it could become one of the best investing apps available for single stocks.
If this sounds good to you, we recommend looking into this automated investment advisor.