Investment management costs

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Acorns invests users' money in a diversified portfolio of exchange-traded funds (ETFs). While the fees charged by these ETFs are relatively low, Acorns earns a small investment expense ratio fee (typically 0.05% to 0.18%) on its share.

By combining these revenue streams, Acorns provides a stable income and encourages its users to peru mobile phone number list save and invest, ultimately helping them achieve their financial goals. This diverse range of services and revenue streams solidifies Acorns’ position in the fintech industry.

Acorns Business Model Canvas
The Acorns Business Model can be explained below Business Model Canvas :

Canvas acorns business model - acorns business model
DOWNLOAD HIGH RESOLUTION PDF OF THE ACORNS BUSINESS MODEL CANVAS
Acorns customer segments
Eikels' customer segments can be categorized as follows:

Individual Investors: Individual investors represent a significant portion of Acorns’ customer base. These users are typically interested in investing their money to grow their savings over time. Acorns provides them with a convenient platform to invest their spare change by rounding up daily purchases to the nearest dollar and investing the difference in diversified portfolios. These users often prioritize long-term financial goals, such as retirement or wealth building.