Frec User? Here's Why You Should Use Double

 
If you're a Frec user, you're likely already familiar with the benefits of direct indexing. Frec offers multiple indexes for direct indexing, all for a low fee of between 0.10% and 0.45%. That's a compelling offer, and it speaks to you savvy as an investor. But what if there was a way to get even more value and flexibility without sacrificing those low costs? Enter Double.
 
Here's why you should consider making the switch to Double:
 
Lower Costs, Especially for Larger Accounts
 
While Frec's 0.10% fee is attractive, Double's pricing structure can be even more advantageous, particularly as your portfolio grows. We charge just $1/month, regardless of your account size. For accounts with less than $12,000, Double will cost more than Frec, however for larger account sizes that make up the bulk of our user base, the flat fee model is much better. If you have $100,000 invested, you'd pay $100 per year with Frec, but only $12 per year with Double. That's a savings of 88% - and this saving grows the larger your account gets. Over time, that difference can really add up.
 
More Choice, More Control
 
Frec offers a solid selection of indexes, but Double takes it to the next level. With Double, you have access to a far broader universe of investment options, including over 50 prebuilt strategies designed to align with various investment styles and risk tolerances. As of Jan 2025, Frec offers 11 indexes with fees ranging from 0.10%-0.45%. Whether you prefer a simple, broad-market approach or a more targeted strategy, you're sure to find a prebuilt option that suits your needs on Double.
 
Unleash Your Inner Portfolio Manager
 
But the choice doesn't stop at prebuilt strategies. On Double, you have the power to build your own custom investment strategies from the ground up. This means you can mix and match active and passive investing approaches, tailoring your portfolio to your precise specifications. Want to tilt towards value stocks? Or perhaps you'd like to incorporate a sector-specific ETF? With Double, the possibilities are virtually endless.
 
Tax Loss Harvesting With You In Control
 
Both Frec and Double offer tax-loss harvesting, but Double's automated system takes it a step further by giving you the choice between pairs or factor based TLH. Our platform continuously monitors your portfolio for opportunities to harvest tax losses, using either pairs or factor-based methodologies. By automatically realizing losses throughout the year, Double can potentially save you money on your tax bill across your entire portfolio, including individual stocks and ETFs.
 
Seamlessly Transition Between Strategies
 
As your investment goals evolve, you may find yourself wanting to adjust your portfolio allocation. Double makes this process seamless with our dollar-cost averaging feature. You can gradually shift your investments between different strategies over time, minimizing the risk of market timing and optimizing for tax efficiency. Our system automatically takes into account potential tax consequences and wash sales, ensuring a smooth and efficient transition.
 
Safe and Trusted
 
Just like Frec, Double prioritizes the safety and security of your assets. We use Apex Clearing, a leading clearing firm, to custody your investments. This means your assets are held securely and are protected by robust industry safeguards. You can learn more about our commitment to security in our other blog post about Why You Should Trust Double. We want you to feel confident and secure when investing with Double.
 
Example UI: Customizing a Strategy
 
Here is a screenshot from Frec outlining how to Customize your Index.
 

 
As you can see, you can exclude certain sectors, but you cannot de-weight sector or specific stocks.
 
Compare this to Double, which lets you easily increase or decrease the weights of stocks or sectors within your Direct Index strategies.
 

 
This is just one example where you can easily compare Double's UI to Frec. We encourage you to use both products and see for yourself.
 
Table of Comparisons
 

 
The Bottom Line
 
Double is a direct indexing platform that offers flexibility, customization, and potential cost savings. We empower you to take control of your investments while providing the tools you need to achieve your financial goals.
 
Ready to experience the Double difference? Sign up today and take your investing to the next level!