Frec is a lending firm that focuses on providing automated self-service investment products traditionally accessible only through wealth managers. Their offerings include direct indexing, portfolio lines of credit, and high-yield treasury options. Frec's solutions are designed to optimize both returns and tax savings, making sophisticated investment strategies more accessible to individual investors.
Frec's notable service, Frec Direct Indexing, allows customers to track S&P indices while benefiting from tax savings and customization. The firm operates with a fiduciary duty and is a member of SIPC and SEC-registered. By automating complex investment processes, Frec aims to simplify the investment experience, offering a unique value proposition in the financial services sector.
Frec - Quick Facts
When was Frec founded?
Frec was founded in 2021.
Where is Frec's headquarters located?
Frec's headquarters is located in San Francisco, CA, US.
When was Frec's last funding round?
Frec's most recent funding round was for $26.4M (USD) in October 2023.
How much disclosed funding has Frec raised?
As of Oct 3, 2023, Frec has disclosed funding of $26.4M (USD). Undisclosed round amounts are excluded.
