What is Ally Invest?

Ally Invest allows account owners to transfer free cash from their investment account into a deposit account at Ally Bank so they can earn interest. Ally has made this cash management a seamless process, but it still requires customers to make the transfers into and out of the investment account rather than through an automatic sweep.

Is ally mobile a good investment app?

Ally Mobile: Bank & Invest offers a long list of banking features. The investment features for both managed and self-directed investors are secure and generally well regarded. The app offers access to most managed account analyses and features, including goal tracking and performance details. Commission-free U.S. stock and ETF trading.

Is Ally Invest Sri or ESG?

Ally Invest lacks the ability to screen for socially responsible investing (SRI) or environmental, social, and corporate governance (ESG). While SRI/ESG investing is currently unavailable for self-directed accounts and there are no tools for this, SRI/ESG investing is available as a choice for managed accounts.

Does Ally Invest offer third-party research?

Ally Invest does not offer third-party research, but there is Lipper information incorporated into various screeners and some Morningstar information on the site when looking at individual securities. There is also an algorithmic rating available on some screeners from Trading Central called “Quantamental Rating”.