qplum provides financial advice. We invest your money automatically in a portfolio using data and algorithms. The algorithms decide what and when to buy and sell, without any human intervention.
We do not pick stocks. We invest in strategies, like big banks and hedge funds do. We offer active management, instead of passive portfolios which follow the market. We offer alpha, risk management, and algorithmic execution, which most digital advisors do not.
No. qplum charges what is known as a "wrap fee". This means you pay a small percentage on the total amount of money you invest with us, instead of paying per trade. Structuring our fees this way gives us the flexibility to manage your account the way we think makes most sense without you having to worry about per trade fees racking up. Please see our Form ADV Part 2 document for more details.
The funds and any positions that you see in the brokerage are physically under your name. Our operating capital is separate from our clients’ funds. Each client’s funds and securities are held separately under the client’s name. View More
qplum accounts are SIPC protected up to $500,000, including a maximum of $250,000 for cash per customer, against losses resulting from the failure of a broker-dealer.
SIPC does not protect against losses due to normal swings in the market. An explanatory brochure is available at http://www.sipc.org.
Yes! We can transfer your investments from your existing portfolio to a brand new qplum account through paperless ACATs transfers.
We believe that high returns is not about high risk. On the contrary, to have peace of mind, one needs high returns. We are a machine learning first shop. Every aspect of our trading from feature learning to execution is fully based on machine learning. It shows in our stellar performance.
All personally identifiable information we store is encrypted with symmetric key algorithms.
Your account is with trusted custodians registered with the SEC and FINRA.
Registered as an RIA with the SEC and as a CTA with the NFA.
Logging of all actions, periodic audits, restricted access