Your Questions, Answered

FutureMoney has made the strategic decision to move clearing, custody, and trading service for accounts held with Atomic Brokerage LLC and accounts for which Atomic Invest LLC acts as Registered Investment Advisor and Pershing Advisor Solutions LLC acts as broker, to Alpaca Securities, LLC (“Alpaca”) for all Roth IRA, Traditional IRA, and Individual accounts (“Accounts”). If your account is held with Altruist or Charles Schwab, or is already with Alpaca, this migration does not impact you.

No. Your ongoing fees, as defined in your Investment Management Agreement, do not change.

Individual account accounts:
If liquidation is expected to incur a capital gain tax liability greater than the cost of ACAT, your account will be transferred by ACAT. You may be charged account a $90 ACAT fee per Account by the broker or custodian. Please reach out to support@futuremoney.co for a reimbursement before April 30th, 2026.
If liquidation is expected to incur a capital gain tax liability less than the cost of ACAT, your holdings will be liquidatedm and your cash will transferred to your new account by ACH.
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IRAs:
If your Account value is less than $25, your account will be liquidated and an unqualified withdrawal fee will be charged to bring your balance to $0. We will then credit you back an equal or greater value as a promotional amount, which can be deposited into your IRA with Alpaca.
If your Account value is greater than $500, it will be transferred by ACAT.
Account values between $25 and $500 may follow either of the two processes defined above, depending on the circumstances of the account, and the limitations imposed by the broker and custodian.

It will be deposited into the associated investment account under the same goal.

We will open a General Investing account on Alpaca under any of your goals that has a 529 plan within it. This will allow contributions to begin again to these goals. Once a new 529 plan has been opened as part of the 529 migration, you will be able to move money from the General Investing account to the 529 plan if you so choose.

We will not transfer existing 529 plan assets as part of this migration. We intend to transfer 529 plan assets separately late this year. In the interim, these assets will remain with Atomic, and will remain invested, if the criteria for investment are met. Namely, the 529 plan provider requires a minimum of $250 in assets before investment occurs, and invests subsequently in $50 minimum increments. We are working diligently to find a new partner to serve your 529 investing needs and will provide updates as soon as they are available.

Please reach out to support@futuremoney.co.

30 days from notice provided by email to affected users is when the migration is targeted for users who do not respond. We can start your migration sooner if you provide your proactive consent in writing to support@futuremoney.co.

Contributions should begin on the first scheduled contribution date after your onboarding to Alpaca is complete, unless your account does not qualify (ex: we cannot independently verify your identity). Weekly contributions are initiated on Mondays or next business day. Monthly contributions are initiated on the 1st of each month or next business day.

Yes, though this may occur in the background without any involvement from you. If your action is required to resolve any issues verifying your identity, you will be informed by email, or other channels as needed.

Yes, after migration you will be able to allocate that money across your goals with the new custodian.

If a goal has a positive balance after migration, it will be visible. As part of the migration process, we will hide goals with no positive balance. To unhide any of these goals, please reach out to support@futuremoney.co.

A Junior Roth IRA with FutureMoney may start as a 529 plan. Once specific eligibility criteria are met, it rolls over from a 529 plan to a Roth IRA account. See "Are 529 plans part of this migration?" for additional details if your Junior Roth IRA assets are currently in a 529 plan.

If you have not done so already, you can get login details for Pershing’s portal to access these documents. You will find instructions in the Documents section of your app. These documents can be accessed through a URL shown in the app, using the Pershing login credentials you have set.