
Double
Double is a commission-free, automated investment platform that allows users to create and manage custom stock indexes.
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Double Finance is a fintech startup that aims to revolutionize investing by offering a user-friendly platform where individuals can design and invest in their own custom stock indexes. Unlike traditional financial advisors, Double charges no assets under management (AUM) fees and instead operates on a subscription-based model. The platform offers advanced features like direct indexing, tax-loss harvesting, and dollar-cost averaging, typically reserved for high-net-worth individuals, making sophisticated investing accessible to everyone.
Double is committed to transparency and user control. It provides backtesting tools to analyze the historical performance of custom portfolios and a detailed fee schedule outlining all costs involved. Double emphasizes that users retain ownership of their assets, which are held securely by Apex Clearing, a reputable custodian. By leveraging automation and smart algorithms, Double simplifies the investment process while empowering users to make informed decisions and potentially maximize their after-tax returns.
Benefits
Double Finance offers a competitive benefits package designed to attract and retain top talent. Employees enjoy a comprehensive health insurance plan, including medical, dental, and vision coverage, as well as a generous paid time off policy and a 401(k) plan with an employer match. In addition, employees can access a company-sponsored mental health program, flexible work arrangements, and a robust professional development program. Double Finance is committed to providing a supportive and rewarding work environment for its employees.
Mission
Double Finance's mission is to democratize sophisticated investment tools by offering a commission-free, direct indexing platform with zero AUM fees. They aim to provide everyday investors with access to powerful features like tax loss harvesting and dollar-cost averaging, traditionally exclusive to high-net-worth individuals or financial advisors, empowering them to manage their portfolios smartly and save on fees. Their goal is to become the next Vanguard, offering a modern, low-fee alternative to traditional financial services.
Culture
Double cultivates a culture of innovation, transparency, and customer-centricity. They emphasize user-friendliness and accessibility, aiming to democratize sophisticated financial tools for everyday investors. Their commitment to zero AUM fees and commission-free trading underscores their belief in empowering users to take control of their finances. This collaborative environment is fueled by a commitment to continuous improvement, evidenced by their frequent feature updates and active engagement with their community.
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