Frec for Google
Put your stocks to work, and get $75K managed free
Elevate your portfolio with Frec's tax-aware strategies. Invest in broad market indices while aiming to minimize capital gains tax—all with low fees and minimums.
90 employees at Google enrolled · 110 more needed to unlock $100K managed free
The sender of this link is a participant in Frec's Employer Referral Program offered by Frec Markets, Inc. and its wholly owned subsidiaries, Frec Securities LLC and Frec Advisers LLC. They are a Frec client; and this referral constitutes an endorsement of Frec. It may not be representative of the experience of other clients, and is not a guarantee that all clients will have similar experiences. All participants in this program will receive an AUM fee reimbursed for participating, which creates an incentive that results in a material conflict of interest.
Tax-efficient market returns
Learn how direct indexing works and how Frec does the heavy lifting for you.
Own individual stocks
Frec purchases the underlying stocks of an index in your name. This lets you track the index's performance and tax loss harvest individual stocks.
Automatically harvest capital losses
When the market is up, individual stocks can still dip. Frec turns those dips into potential tax savings by harvesting the loss and swapping them for similar assets. Since each loss offsets capital gains dollar-for-dollar*, you can lower your tax bill this year or bank the losses for down the road.
*There is no limit on how much capital gains you can offset with capital losses, and unused capital losses can be carried forward. For ordinary income, you can offset up to $3,000 per year, or $1,500 if married filing separately. State limitations may apply.
Hold and file easily
Frec monitors wash sales and manages the trading behind the scenes, so you don't have to.
Come tax season, you'll receive a 1099 Consolidated Tax Form to help simplify filing.
Where your $75K managed free goes furthest
Your exclusive offer applies to all of Frec's direct indexing strategies
Long short direct index
Lean in or balance out your portfolio with a factor tilt while aiming to harvest significant tax losses.
Minimum
$100K-$500K
Annual fees
0.50%-1.30%
Post-tax financing cost*
0.23%-0.86%
You can save up to
$975 / year in fees
Classic direct index
Market-like returns with automatic tax loss harvesting at low fees and minimums.
Minimum
$20K-$50K
Annual fees
0.09%-0.35%
Post-tax financing cost
None
You can save up to
$263 / year in fees
Diversify
Turn your concentrated stock into a diverse portfolio while managing capital gains.
Minimum
$100K-$500K
Annual fees
0.60%-1.10%
Post-tax financing cost*
0.23%-0.57%
You can save up to
$825 / year in fees
*Post-tax financing cost is gross financing cost minus tax deductions from financing expenses using a 40% marginal tax rate. Actual after-tax costs depend on individual tax circumstances, consult your tax advisor. As a percentage of total assets, pre-tax financing cost is 0.38% for 140/40, 0.95% for 200/100, and 1.425% for 250/150.
What else Frec offers
Your portfolio in one place
Portfolio line of credit
Instead of selling your stocks, access liquidity by borrowing against your portfolio at a low interest rate.1
Self-managed investing
Trade stocks and ETFs, select tax lots, and move positions between your self-managed stocks and classic direct indexing anytime.
Treasury
Earn yield2 on idle cash by investing in low risk US Treasury and government securities funds. Withdrawals settle as soon as one business day.
How to claim your $75K managed free
1
Choose & fund your strategy
Create a Frec account and choose your tax-aware strategy. Fund it using cash, stock, ETFs, or a mix.
2
We waive the fee & take care of the rest
We'll reimburse the AUM fee on your first $75,000 in direct indexing. Enjoy everything Frec offers with little to no effort on your end. Terms apply.
3
Refer your coworkers & save more on fees
The more Google employees on Frec, the more everyone saves. Earn an extra $250 when they fund their strategy using your referral link. Terms apply.
Frec 💙 Google
Invite your teammates. Scale your benefits.
Share this link with fellow Google employees to unlock the next tier.
frec.com/work/google
Google cohort status
90
enrolled
110 more to unlock next tier
Current tier
$75,000 managed free
Next milestone
$100,000 managed free
Have questions?
Talk to an expert.
Our team of platform experts have helped investors like you explore their options before funding.
Getting started on Frec is simple, but if you'd rather speak with a human, we're happy to talk.