The second annual Benzinga Fintech Awards were held Tuesday night, recognizing the companies and individuals who have shown the most innovation in the last year. FeeX won the "Most Disruptive" Award.
Is Your 401(k) Overpriced? Three Ways To Tell
You can almost always tell if you paid too much for a car, appliance or any popular consumer good. Just go online and check prices. Can you do that with your 401(k)?
5 Reasons Compound Interest Isn't What It's Cracked Up to Be
To hear some financial planners tell it, compound interest is a magic carpet ride: Save early and often, and over 40 working years, your pennies will turn into millions.
Can robots close the retirement savings gap?
Can robots help Americans be better prepared for retirement? Online investment services that provide automated, algorithm-based portfolio management advice have attracted millions of investors over the past few years with their low fees and minimum requirements.
$50,000 (or More) May Be Yours for the Asking
Investing is a unique business. After all, you wouldn't think of buying any commercial item (like a car) without first negotiating for the lowest price.
NextCapital takes on competing retirement robos with 401(k) account aggregation
NextCapital, a robo-adviser that focuses on retirement, is implementing automated 401(k) account aggregation, touting it will help advisers to peer into a client's retirement assets to get a fuller financial picture.
Find The Fees In Your Funds With Feex
A colleague recently brought this site to my attention and It. Is. AWESOME! It is called Feex, a FREE site that analyzes all of your investment accounts and tells you how much you are paying in fees. Warning: This information will shock you.
FeeX: When You Need Help Protecting Your Retirement Accounts
One of the easiest ways to take care of your finances and save a substantial amount of money is to eliminate all unnecessary service charges and fees associated with your accounts.
These retirement plans have the highest fees
It's true: Size counts, at least in retirement plans. FeeX, a service that calculates the fees in retirement plans, has studied the average expenses in retirement plans of different sizes, and found that the bigger the plan, the lower the average expense ratio of its funds. (The company currently tracks fees associated with 401(k) plans used by more than 10 million Americans.)
How Your Retirement Nest Egg Is Being Nickel-and-Dimed By Fees
How would you like to have an extra $155,000 to spend during your retirement years? Yoav Zurel, CEO of cost assessment website FeeX.com, says you could have at least a portion of that if you worked on minimizing your 401(k) fees.
Former Citi CEO Vikram Pandit Makes Another Fintech Bet, This Time in FeeX
FeeX, a personal finance fintech startup that helps investors find ways to reduce fees in their retirement funds, has announced the closing of $2.75 million in new funds. The round was led by Collaborative Fund and included participation from existing investors. The funding comes after a larger Series B round of $6.5 million was raised in August of last year.
Ex-Citigroup CEO Pandit Backs Startup to Cut Wall Street Fees
Vikram Pandit, the former chief executive officer of Citigroup Inc., is among investors backing FeeX, a venture that helps consumers avoid hidden costs in financial products.
Pandit’s Latest Trick: An Insider’s Guide to Avoiding Bank Fees
Vikram Pandit knows a thing or two about fees -- he ran a hedge fund and led Citigroup Inc. as the world’s biggest credit card lender. Now he’s switched sides and wants to help people avoid them.
FeeX, Which IDs Hidden Fees In Financial Products, Scores $2.75M In Fresh Funding
FeeX, a free service that sniffs out hidden fees in retirement and savings accounts, announced that it has raised $2.75 million in new funding. The round was led by Collaborative Fund. The new capital brings FeeX’s total funding so far to $12.1 million. The company was founded in 2012 by Yoav Zurel, David Weisz, Eyal Halahmi, and Waze founder Uri Levine.
Here's Your Social Security Plan
It’s Social Security’s 80th birthday, and while news about the program’s financial status is rarely upbeat, most Americans are glad it still exists. Women and lower-earning workers rely particularly heavily on the program.
Sky High 401(k) Fees: How To Bring Them Down to Earth
It’s no small irony that you can get a load of price information on homes, cars. appliances and just about any consumer product simply by opening the browser on your computer or mobile device. But how can you check how much your 401(k) really costs?
The 8 Best Tools to Help You Save Money (Even If You Don’t Make Much)
Millennials get a bad rap for not caring about their futures. But according to a recent report, seven in 10 said they would give up the Internet for a month in exchange for an extra $1,000 in their savings account.
Can Technology Solve the Mystery of 401(k) Fees?
As the economy improves, more Americans are changing jobs. And that means more workers leaving behind 401(k) retirement plans.
Those stranded 401(k)s create a dilemma for workers.
FeeX's Rollover Center Helps You Decide What to Do With an Old 401(k)
When you leave a job, you don’t want to forget about your 401(k). You can either keep that money where it is or roll it over into another retirement account, and FeeX’s new Rollover Center will help you decide.
FeeX Helps Investors Protect Their Retirement Accounts
With the tagline "The Robin Hood of Fees," startup FeeX is hoping to help people take charge of their finances by eliminating unnecessary fees associated with their accounts. The company analyzes a user's investment accounts and provides feedback letting them know whether or not there is a better option out there that would save them some money.
InvestmentNews 40 under 40 list featured Yoav Zurel, FeeX CEO
“The financial industry knows everything, and as consumers, we know nothing. We're fighting a constant uphill battle to change this".
Know The Annual Cost Of Investing Using A Robo Advisor
Robo advisors have become popular options for investors. They use tools to automatically, effortlessly manage and help diversify your investment portfolio-no human interaction required. And while this kind of automation makes them cheaper than a traditional financial advisor, that doesn't mean they're free. FeeX is a good resource for finding these fees.
Waze co-founder's tips for growing a $1bn startup that Google might buy
Last year Uri Levine sold Waze, a user-generated mapping app, to Google for a reported $1.1bn. Rather than settling for a cushy job with the tech giant, Levine moved on to a new venture, FeeX, an app to reduce the fees on financial services.
Wall Street will always crush the little guy, but the stock market could be fairer
Martha Keeley, 57, says she’s angry about how much she paid in fees for years because of a relatively expensive fund that she held in a retirement account. She recently followed the advice of a free online tool, FeeX.com that suggested she switch, estimating the move could save her about $68,000 over 30 years. “I’ve been telling everybody I know, because I’m so pissed off that I’d been spending so much money on fees all these years,” she said in an interview.
Scorching FinTech Market Keeps Attracting New Players As NerdWallet Raises $64 Million
NerdWallet, the six-year-old company launched with $800 by company co-founder and chief executive, Tim Chen, has raised $64 million in its first round of outside financing.
Feex: A Tool To Reduce Invesment Management Fees
Failing to understand investment fees can end up costing investors thousands of dollars. Luckily, FeeX is trying to eliminate the fees that individual investors pay each year.
How Google Perfected the Silicon Valley Acquisition
In late October John Hanke and several of his co-workers met for a reunion of sorts at Fiesta Del Mar, a Mexican restaurant near Google’s Mountain View headquarters.
40 Financial Rules For 40 Year-Olds
Get Rid of Unnecessary Fees: If you’re not sure what your paying in investment fees, FeeX.com is a free service that will help you uncover what you’re really paying.
Video: Consumers & Investors Spend Too Much in Management Fees
Consumers and investors are often in the dark over how much they spend on investment management fees in their 401(k) account. One startup, FeeX, aims to provide more transparency on just how much investors are shelling out.
Warning: You May Be Handing Over $155,000 in 401(k) Fees
"In fact, about 70% of 401(k) holders in the U.S. falsely assume that their 401(k) plan is free, according to an AARP survey. Recognizing this gap, former president of Waze Uri Levine, Yoav Zurel and David Weisz decided to create FeeX to educate consumers on the hidden fees associated with 401(k) plans, IRAs, and brokerage accounts, and to then help them get rid of these fees. ".
How much are you losing to 401(k) fees? You'd be surprised
"I hadn't considered the expense ratio as part of the decision-making process until then. I didn't even realize that funds existed with lower fees".
3 Common Mistakes That Cost Investors Dearly
Overall, Americans paid an estimated $600 billion in financial services fees over the last year, according to an analysis by fee-tracking company FeeX...
Frugal Find Friday: FeeX
It’s amazing how much money you can lose in just fees, which add up incredibly quickly over the long run.
Are you checking your 401(k) fees? FeeX will do it for you!
“Our main asset is our users. And we believe in transparency. That is our DNA.”
FeeX Review – An Investment Fee Reducer
☆☆☆☆☆: An investment fee reducer service that's completely free, FeeX can potentially save you thousands of dollars over the term of your investments.
Stress Test Your 401(k) for Fees and Performance With Two Free Online Tools
FeeX analyzes the expenses imbedded in a portfolio, expresses them in dollars -- and then shows the impact of compounding those fees over a user's working lifetime.
How an Argentinian Israeli is Disrupting the Personal Finance Industry
Most people don’t realize that hidden fees are an issue until it’s too late. Herein lies our strategy to educate people on the importance of reducing their hidden fees due to the effect, over time, that it will have on their lives.
Fast Company: The World's Top 10 Most Innovative Companies of 2015 in Personal Finance
FeeX reads the fine print on your retirement and brokerage accounts, and shows how much you could save by investing in lower-cost options—nearly $19,000 for the average user.
This New Startup Helps You Avoid Investment Fees
Consumers in the United States paid $600 billion last year on financial services fees. A new startup is trying to change that.
FeeX Wins the Geek Award for Best Israeli FinTech Startup
FeeX swept the Geek Awards last year and 2014 was another banner year.
Expert Interview with FeeX About Hidden Fees
When people don’t know exactly what’s going on with their money, that’s an opportunity for financial institutions to profit off of ignorance – and we think it’s time to shed a light on hidden fees and let the investors profit from that information instead.
The Best Online Tools for Retirement Planning
Another good way to save more is to pay less in fees. FeeX.com can help.
How Investment Fees Can Tax Your Portfolio
New Yorkers are paying on average $48 in extra fees on a $10,000 investment, while the average New Jersey investor pays $67, according to the study.
You Might Pay Too Much in Investment Fees in Your Home State
How much should you pay in investment fees, given an average $10,000 investment? The answer varies — and somewhat surprisingly, based on the state you call home.
FeeX Data Shows How Much Americans Pay in Investment Fees Annually
To identify states that spend the most and least in fees, FeeX looked at the average expense ratios in each state and found people in West Virginia pay five times more in fees annually than those in New Mexico.
FeeX Wins Gold in Best in Biz 2014
FeeX has been named a Gold winner in Small Company of the Year in Best in Biz Awards 2014, the only independent business awards program judged by members of the press and industry analysts.
Expert Interview with Erik Laurence on Fighting Hidden Investment Fees for Mint
Many of us will pay 1 percent to 2 percent - sometimes more - in fees for the privilege of investing. And while these fees might sound small and innocent, they're anything but...
Should I Put Money into My Employer's 401(k) or Invest on My Own?
I want to put a little something away for the future, but I've heard a lot of people say that maybe my company's 401(k) isn't the place to keep my money.
10 Israeli Startups to Watch in 2015
Anyone that knows anything about startups and entrepreneurship knows that Israel is the “Startup Nation”. Its population is just around 8 million, yet it has more companies listed on the Nasdaq than any other country – excluding the United States and China.
Waze Co-Founder Says New Startup Is the 'Robin Hood of Wall Street Fees'
"I found out at the beginning of 2009 that not only had I lost 20 percent on the market, in addition they charged me 1.5 percent annual fees for losing money."
Video: Disrupting Financial Fees the Waze Way
Uri Levine, Waze co-founder, and FeeX chairman, discusses his plans to change the way investors track fees the financial services industry charges users.
I'm Robin Hood of Wall Street Fees: Waze Creator
Uri Levine's frustration with traffic led him to start Waze...Now he's harnessing his frustration with Wall Street fees in a new venture called FeeX.
Podcast: FeeX – The Robin Hood of (Investment) Fees
Investment fees can literally suck hundreds of thousands of dollars out of your retirement accounts over your lifetime.
Video: Creating A Secure Financial Future
FeeX is featured at about 2:40 in this clip as Securing Life Today's Brandon Burton talks with Amy Vanderoef on Good Morning Texas about creating a secure financial future.
Are You Letting Fees Destroy Your Retirement Savings?
How much are you paying in fees just to invest for your retirement? Surprisingly, the majority of investors don't have a good answer to this question.
The Man Behind Waze, Uri Levine Will Now Share His Innovative Ways
As Uri Levine loves to give the best solution to most people who are suffering from a huge problem, he is said to be starting up his new innovation in the world of financing.
Startup Wants to Shed Light on Fees
If you invest in stocks or bonds, odds are you use mutual funds and have no idea how much you pay in fees to your fund managers.
10 Ways To Save On Your Budget – Seriously!
Cutting back isn’t easy, so here are 10 simple ways to stretch your paycheck so you can contribute more to your 401(k).
The Five Scariest Retirement Planning Pitfalls
Okay, it’s pit and the pendulum time. A big, nasty financial blade is swinging over you if fail to do some easy things to save for your golden years.
Stock Market Risk to Baby Boomers
Volatility is part and parcel of stock market investing. But if you don’t have much time left before you are set to retire, should you be heavily exposing yourself to it?
Many Baby Boomers May Be Overweight in Stocks
A rule of thumb has it that the percentage of your portfolio devoted to bonds should equal your age. But many baby boomers are drifting far from that formula.
Video: Backstage With Uri Levine of FeeX
Anthony Ha talks with Uri Levine Chairman of Feex at TechCrunch Disrupt: London 2014.
Video: Waze Co-Founder Uri Levine Says Sale To Google Went “Smooth”
Levine: “Fall in love with the problem, and not the solution.”
Baby Boomers Are Overexposed to Stocks in This Rocky Market
Even though they've seen their fair share of stock market crashes, many Baby Boomers are betting a big chunk of their retirement savings on stocks -- leaving them exposed to major losses in today's rocky market.
FeeX Finds Hidden Investing Fees in Your Retirement Account
[Retirement] accounts may come with pricey investing fees. And a lot of people don’t know this. FeeX is a website that lets you see how much those fees are costing you. And, yes, it’s free.
Americans Not Investing Properly for the Long Term
Investors of all ages have an improper allocation to equities in their portfolios, a new study contends.
Could FeeX Reduce All Investing Fees?
While it’s impossible to avoid fees altogether, the reality is that you are probably paying more in fees than you have to.
Waze Co-Founder Uri Levine Will Tell TechCrunch Disrupt London Why He Ditched Google
And why is Levine's next company FeeX, which helps reduce your retirement savings fees, more important than the impact he could have at Google?
Ahead of Their Time: Rebels, Leaders and Innovators
Uri Levine, co-founder of first Waze and later FeeX, named to CNBC's Next List
, together with fellow Waze co-founder Ehud Shabtai.
Podcast: The Clark Howard Radio Show
At about 2 minutes into this episode of The Clark Howard Radio Show
, Clark talks about how FeeX can help reduce investing fees.
FeeX - Reduce Investment Fees
Serious investors understand the effect that high fees can have on their returns, however the average consumer still has no idea how much he or she is actually being charged for maintaining IRAs, 401ks, and basic brokerage accounts.
10 Useless Fees You Should Not Be Paying
FeeX.com says Americans spend an average of $155,000 in useless fees over their lifetime.
The John Bogle of Websites
New site FeeX ... [searches] for ways to cut those nasty fees that reduce your returns.
Video: Reducing Your Spending on Added Fees
Average American spends as much as $155,000 in added fees in their lifetime.
One Option for Protecting Your Retirement: Starting a Business
People either have not saved enough [for retirement] because the advice they have been given has been inadequate, or they have had their savings eaten away by excessive fees and poor investment results over time.
Americans Will Pay $155K in ‘Useless Fees’ in a Lifetime: Analysis
Americans are getting inundated with fees paid to banks, mutual funds and mortgage companies that add up to huge, and often superfluous, costs over decades.
How Much are You Paying in Investment Fees?
Investments come in all different sizes, and so do the fees you pay. The fees attached to investments vary by brokerage firm, but it can be time-consuming to compare the rates.
Podcast: How To Slash Your Investment Fees with Erik and Molly From FeeX
Erik Laurence (Chief Marketing Officer) and Molly O’Brien (Community Manager) at FeeX (the sister company of the people who brought you the uber-awesome Waze app) join Joe in the basement to talk fees.
How the Passive Investing Trend Pressures Money Managers
The growth of software-based asset management firms that help individuals minimize fee expenses, such as FeeX, don’t even bother projecting potential returns for actively managed funds, instead pointing out to consumers how much money they can save on fees by investing in low-cost index funds.
Fine Print Alert Special Shout-out: FeeX
I was feeling good about myself, and then I read about Feex.com. I decided to let their program crawl my IRA, and I was shocked about what I found.
FeeX Raises $6.5 Million to Lower Your Investment Fees
In the latest example of VC money pouring into the FinTech space, FeeX has secured $6.5M in funding from investors to expand their services of spotting hidden fees in retail financial products.
FeeX Gets $6.5M in Funding to Expand Across U.S.
Purveyors of hidden investment fees have reason to be concerned today. FeeX just announced it raised $6.5 million in a second round of institutional funding, which will be used to continue expansion across the U.S.
FeeX Secures $6.5M in Series B Funding
FeeX, a NYC-based provider of a platform that finds and reduces hidden fees in investment accounts including IRA, 401(k), 403(b), 457, brokerage and similar accounts, secured $6.5m in Series B Funding.
Horizons Ventures Leads $6.5 Mln Series B Funding in FeeX
Horizons Ventures has led a $6.5 million Series B funding round in FeeX, which finds and reduces hidden fees in investment accounts.
FeeX Secures $6.5M in Series B Funding
Founded in 2012 to find and reduce hidden fees in investment accounts, FeeX Inc. has secured some cash of its own. Horizons Ventures led a $6.5 million Series B round, hiking total outside funding to $9.5 million and enabling the New York-based startup to begin scaling.
FeeX Raises $6.5M Series B To Identify Hidden Fees In Users’ Retirement Accounts
FeeX uses algorithms to identify and reduce hidden advisory, investment, and expense ratio fees in investment and retirement accounts, including IRA, 401(k), 403(b), 457, and brokerage accounts.
The Daily Startup: FeeX
FeeX, which crowdsources information about fees for investments, has raised $6.5 million Series B round from Horizons Ventures and Blumberg Capital.
FeeX Raises Cash to Nuke Financial Fees
The richest man in Asia has placed a bet on FeeX, the tech service that promises to find all the hidden investment fees you're paying and help you get rid of them.
These Local Tech Founders Sold Out — Here’s Where They Are Now
[Uri Levine] managed to avoid joining the search giant’s rank and file. Instead, he struck out on his own again to start a new company: a startup called FeeX that helps expose hidden fees in bank statements, and find suitable alternatives.
FeeX Secures $6.5 Million in Series B Funding
Horizons Ventures and Blumberg Capital fuel U.S. expansion and growth beyond investment fees.
What Should I Do With My Old, Orphaned 401(k)s?
FeeX gives you an easy way to see how much of your savings you're losing to fees. Check in on your old funds, and compare it to your current 401(k).
FeeX Exposes Hidden Fees in Your 401(k) or Other Retirement Plan
The last time we mentioned FeeX, we highlighted that the service makes the fees and lost investments in your IRA or other retirement vehicle transparent so you can see them. Now the service supports 401(k)s, 403(b)s, and other retirement plans offered by employers to their employees.
How to Stop Losing Money in Your Retirement Account by Using FeeX
I recently received some great news: FeeX no longer is solely for IRAs! FeeX upgraded their service and they now have the ability to scan 401(k), 403(b), 457, and brokerage accounts.
5 Big Retirement Mistakes
Studies have shown that retirement savers can lose more than $100,000 to fees and lost returns, yet many savers pay little attention to what they're paying.
Robin Hood of Fees Aims to Poach 401k Plans
Before you dismiss FeeX as another interloper into the clubby 401(k) world, you should know that one of the founders started Waze which was sold to Google last year for $1.1 billion.
FeeX Announces Expanded Fee-Finding Tools
FeeX, a service that finds and reduces hidden fees within investment accounts, ... now finds fees in IRAs and all 401(k), 403(b), 457, brokerage and similar investment accounts.
‘Robin Hood’ of Fees Takes Aim at 401(k)s
Those worried about hidden fees in their retirement accounts might want to investigate FeeX, a service that was launched in the U.S. this spring.
What You're Paying For Financial Fees — and How to Avoid Them
FeeX...provides a helpful (and alarming) glimpse of just how much damage fees can do your financial fortunes.
FeeX Finds Investment Fees to Help Users Retire With More Money
Now adds eight types of fees in IRA, 401(k), 403(b), 457 and brokerage accounts...[and] shatters the asymmetry of information in the financial world.
Feex Finds Hidden Fees in Retirement and Investment Portfolios
FeeX is a one of-a-kind service that specifically tells you what you are paying in investment-related fees while offering unbiased recommendations that will reduce or eliminate those fees.
Find Out If Fees Are Eating Up Your Nest Egg
Few things are more frustrating than hidden fees... Fees on your savings and investment accounts can even eat up a third of your nest egg.
FeeX Exposes the Hidden Fees that Eat Up Your Retirement Savings
Saving for retirement is important, but many retirement funds and savings accounts...come loaded with fees that can take a serious bite out of your bottom line savings...FeeX is a new service that sheds light on them.
FeeX Review: Are Fees Killing Your Investment Returns?
If most people are honest, they probably don’t know how much they’re paying in fees in their investment accounts. The problem is that if you’re not careful about what fees your investments have, you may be losing out on thousands of dollars in gains by the time you retire.
Video: ‘Robin Hood’ of Fees Guards Investors
See FeeX CEO Yoav Zurel talking with Liz Claman, host of Fox Business's "Countdown to the Closing Bell."
Investment Fees: Don’t Let Them Get You
Investments come in many shapes and sizes, and so do the fees that are associated with them.
This New Tool Tells You Exactly How Much Damage Fees Are Doing to Your Nest Egg
Retirement plan fees can be one of the biggest threats to your nest egg, potentially costing the average dual-income household $154,794 over a lifetime of saving.
Retirement Account Fees Getting Increased Scrutiny
New web tool tells you if you are paying too much.
How Much are Fees Costing Your Retirement Savings?
Today I’d like to give an introduction to FeeX and how they can help you potentially save a ton of money for retirement (I’m talking tens of thousands of dollars, if not more).
FeeX Launches in the US to Be the Waze of Retirement Fund Planning
After Waze’s success validated the power of crowd knowledge, a startup called FeeX wants to apply it to a different problem area of our lives — retirement plans.
Fee Whistle-Blower FeeX Makes U.S. Debut
Talk about sticker shock. IRAs, which are the widely used retirement savings vehicle in America, cost consumers $43 billion in fees in 2012, according to a startup called FeeX that launched in the U.S. Tuesday to bring awareness to that price tag.
Waze Co-Founder Skips Google to Try Startup World Again
"If the fees are hidden it means banks are charging way too much," [Waze and FeeX co-founder] Levine said at a recent dinner...
After Selling His Startup To Google For $1.1 Billion, Waze Co-Founder Is Working On Another Startup
Today, Levine and his co-founders — Yoav Zurel, David Weisz, and Eyal Halahmi — launched FeeX, a startup that tackles the hidden fees that financial services dupe people into paying.
'Waze for Retirement Accounts' Launches in U.S.
With Waze, the power of the crowd helps drivers avoid traffic and accidents. Now, FeeX is hoping to apply the same principle to retirement savings.
FeeX Arrives to Rescue Americans' Retirement Savings From Hidden, Inflated, & Compounding Fees
Waze co-founder's next crowd-powered mission helps solve tomorrow's problem, today.
6 Apps and Services to Give You the Best Bang for Your Buck
FeeX is bringing an end to the lack of understanding people have about the fees they pay for financial services and retirement products.
A Sucker Is Born Every Minute
FeeX wants to make sure your bank doesn't treat you like one.
Crowdsourced Financial Advice Startup FeeX Raises $3 Million
FeeX announced Wednesday it has closed a $3 million Series A financing round from Blumberg Capital.
FeeX Raises $3 Million To Help You Avoid Paying Hidden Retirement Fees
FeeX, which helps users save on hidden retirement fees, has raised $3 million in Series A funding from Blumberg Capital.
FeeX Secures $3M Series A to Help Users Crowdsource Financial Advice
FeeX, whose site enables consumers to crowdsource financial advice, has closed a $3 million Series A round from Blumberg Capital.
Waze Co-Founder Raises $3M to Protect Consumers from Sneaky Financial Fees
With his last startup Waze — the crowdsourced traffic app recently purchased by Google — Uri Levine wanted to help save you time. But if he’s successful with his latest venture FeeX, he could help save you money.
Waze Cofounder Raises $3M for FeeX, the ‘Robin Hood’ of Financial Fees
FeeX wants to use the power of the crowd to keep banks honest. The startup has built a platform for crowdsourcing financial intelligence.