If you would like help saving for college, Backer may be right for you. For details on how Backer works, please check out our website: https://backer.com/about.

Backer is an investment adviser that helps American families save for college. Specifically, we provide advice on investing in a 529 college savings plan. 529 plans are tax-advantaged investment vehicles designed to encourage saving for future education costs. We recommend investing your college savings in a 529 plan because your investments can grow tax-free and be withdrawn tax-free to pay for your child's future education costs. It's like a retirement account for college. Our focus is on encouraging you to start investing in a 529 plan quickly and helping you do so with the help of family and friends, rather than chasing specific investment returns.

Choose an investment advisory service only if you are ready to start investing. Investing involves risk, and any investments you make may lose value.

If you are the type of person who reads as much as possible about potential investments and asks questions about them, you may not need investment advice. But if you’re busy with your job, your children, or other responsibilities – or feel you don’t know enough about investing on your own – then you may need some help. You can hire an investment adviser like us for help.

In choosing an investment advisory service, you should consider the fees that the adviser charges. Most investment advisers charge you an asset-based advisory fee, where the more you invest, the more you pay. Backer does not charge an asset-based advisory fee; instead, it charges a flat fee per contribution or a flat Backer Pro membership.

We do not require a minimum account size or investment amount to become a client.