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What is your relevant experience, including your licenses, education, and other qualifications?

Backer is an investment adviser that is registered with and regulated by the U.S. Securities and Exchange Commission (“SEC”). This registration allows us to provide investment advisory services to retail investors across the country, including making investment recommendations. A registered investment adviser has specific requirements set forth by the federal securities laws and SEC rules. For example, registered investment advisers have disclosure and SEC filing obligations. Most importantly, investment advisers are legally required to act as a fiduciary for their clients, which means they must always act in their clients’ best interests.

As an internet-based investment adviser, we provide investment advice to our clients exclusively through our website and mobile apps. Most of our investment advice is automated, and our financial tools are developed and overseen by our team. For more information about our Backer team, please visit backer.com/about.

Our company was founded in 2015 by Jordan Lee with a mission to democratize access to 529 plans by making them easier to understand and simpler to invest in them. Jordan's background is in technology, and on that basis he has developed a technology solution for 529 plan investing that keeps the investment side of the business simple while developing features that encourage gifting into 529 plans and help families find new ways to save more for college. Jordan has passed the Series 65 regulatory examination (known formally as the National American Securities Administrators Association Uniform Investment Adviser Law Examination), which is an examination and securities license required for individuals to act as investment advisers in the United States. Jordan has degrees from Harvard College, Yale University, and Princeton University. Prior to founding Backer, Jordan was a product manager at a software company and CEO of a technology startup. The rest of the Backer team has decades of combined experience working in finance, technology, and education.

If you need technical assistance with your account or have questions about how Backer works, you should contact our Customer Support team at support@backer.com or (844) SAVE-529. Please be aware that members of our Customer Support team are not necessarily licensed or authorized to provide investment advice, but may refer you to a section of our website or mobile app that contains such advice.

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