LOVED APP CUSTODIAL ACCOUNT REVIEW - IS IT LEGIT?

Loved is technically an investment advisor firm that provides UTMA accounts. UTMA accounts stand for Uniform Transfers to Minors Act.

What Is Loved?

The founder is David Hannes and it has received 1 million of seed funding from Pivot North Capital. I personally like supporting a startup and seeing how the product evolves as they grow.

It is a Startup

The interface is very easy to use. It does not delve into being a trading app with realtime stock updates and put too much focus on the minutia.

The Good

There is a goals feature that includes an automatic savings plan to meet said goal. Default options are things like college, first car, and coding classes.

Goals

This is pretty cool. You can send people money or shares of stock. You can schedule to send birthday presents.

Send and Receive

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