Marcus Invest is shuttering and users are being transitioned to Betterment. You have until 6/20 to opt out and by 6/29 customers will be transitioned over. Not exactly giving users much time, but maybe I missed this notice earlier.
Hat tip to Nicholas C
I must’ve missed the notifications. This is frustrating as I cant move my money out now.
They (Marcus) has sent several emails regarding this change since April. I have received at least 4 of them.
Marcus had an investing account?
They sent out a whopping 3 emails in the last 3 months. I only noticed by logging in. I’ve gotten more notice about $10 in crypto with Voyager than an entire Roth IRA.
Dang, I got six emails from Wealthsimple when they were shutting down / shunting everyone over to Betterment.
Even the notify date was at least three weeks earlier (04 Mar 2021), with a transition date of 12 Jun 21.
Does this include the Marcus money market account?
“There are no changes to Marcus Online Savings Accounts or Certificates of Deposit.”
They don’t have money market accounts that I can see….
Terry
Thanks. I meant the Marcus Online Savings Account.
Initial notification was sent around 4/22