I opened a Motif account awhile back starting with a small amount of cash. My investment has done well enough and the idea of Motif is kinda cool, you get lots of control and you can buy shares (or fractions of shares) in predefined groupings (Motifs) or self built Motifs.
Since opening my account Motif has introduced several new products like Motif Blue and Motif Impact which are subscription products with associated monthly fees, is anyone using either of these products? Impact sounds like a robo-advisor product where you have far more controls than what is offered by something like Betterment, but doesn’t seem to have automated tax harvesting.
Motif’s latest change is forcing me to act. As I mentioned I started with a small investment so I could test (play) with Motif but they are now going to charge $10 Semi-annually for accounts under $10,000 so I guess I need to step up or step out.
If you are using Motif tell me what you think. Are you using Blue or Impact, thoughts? Are any Dividend Investors using Motif?