Saveday

301 Congress Ave, 78701, Austin, United States
image
3.27
Based on 11 Reviews

5

54.55%

4

0.00%

3

0.00%

2

9.09%

1

36.36%
About Saveday

SaveDay is the only $0 employer cost 401(k).

Tags
Contact Info

You need to Login first to submit your review.

image
Charles Root
GB

Highly recommend SaveDay Very easy to use dashboard for setting up a small biz 401K. No reason every company shouldn't have a 401K program for their employees when it's this easy.

image
Ken Marefat
GB

American Greed's upcoming episode The reviews and feedback provided here about Savday, with a rating of 2.5 speaks volumes on detrimental issues revolving this company and its operations. Yet, Saveday fails to provide a responsible indevidual in its operation to be contacted by anyone. Even if you are a client. The fact that Saveday is offering only a generic email reveals the turmoil in its operation. Savday was founded by Ayman Abukhater, and his responsive and dedicated team to handel the client's concerns with rapid personal response and client satisfaction vigor. Few years ago however, Saveday's top management got jolted and Ayman remained as a board member and Barry Bennet Mione ( FINRA CRD 1683147, barry at saveday.com) took over as the new CEO. Barry was with Kapital group, the back office of the Saveday in New York. A barely educated insider from Kapital to take over the Saveday. Saveday and its companion companies are all bounded by FINRA, and SEC policies that they MUST adhere to. Their fiduciary responsibilities are dictated by these and other government entities that Saveday is in violation of. Barry who is partly involved with Kapital and part owner with WeatlyX, another arm of the this triangle will govern your funds to the ground with no hesitation. The essence of Saveday from its inception vanished under Barry's management to becone nothing but a fraudulent entity. In 2019, out of nowhere, they decided to assess all kind of fees on thier account unilaterally and without grandfathering those who signed up early years to a no-fee account. This was the beginning of Saveday's demise. With more than eithy percent staff turnover, saveday moves its operations from California to Texas. The staff exodus remains high to this day and all staff are, by policy, hands off now, even the new CEO Holly Tachovsky, holly at saveday.com put in place as a new shield is no exception. Saveday's violation of their fiduciary responsibilities, misconduct, and formal complaints are reportable to both SEC and FINRA. Just Google "File a complaint with FINRA." Despite all that is marketed on Saveday, Barry remain the FINRA licensed "operative" involved in Kapital, WealtyX, and Savday will become the best candidate for the next American Greed episode. The essence of responsive service and compllances with FINRA are long gone from Saveday. I'm sure an unknown entity will responsed to this revirew while still cloaked.

image
Portia Sunney
GB

Stay far away. Legit financial businesses don't use spam to advertise. I run a non-profit gym with zero employees, and received this spam comment today through our online enrollment form: "At SaveDay, a 401(k) is easy to set up or transfer, easy to understand, and easy to manage. There is absolutely no cost to set up a 401(k) plan with us or switch from your current provider. We don’t hide extra fees in the small print, our investments are smart, transparent, and grow freely. In other words, we save you money! We integrate with any payroll provider and can have you up and running before your next payroll. May I send you our performance review? Sincerely, Shannon Summers Business Development Officer (512) 957-6674 Respond with stop to optout." While Googling the phone number to find out who this is, I discovered more spam comments on other sites from both Shannon and "James Merrill Business Development Officer (512) 957-6674"

image
Chris
GB

Horrible service, what a scam! Requested a 401k distribution to close on a house. Was told it takes 2-3 weeks for what should be a simple ACH transaction. There’s no public phone number to call. The chat bot on the website still had an OOO reply from a holiday that was months ago. When I did fill out an email request and receive a number to call, the auto answer just says “there’s no one available to take your call”. Another week goes by and only half of the funds get distributed to my account. What a scam of a company. For a business that holds significant amounts of people’s money, this should be illegal.

image
Peter Nassar
GB

Good investment return Low fees. Easy interface. Good return on my investments

We may use cookies or any other tracking technologies when you visit our website, including any other media form, mobile website, or mobile application related or connected to help customize the Site and improve your experience. learn more

Allow