What is a Trusted Contact?

Article author
Alexander G.
  • Updated

Good question! You can add a Trusted Contact to each of your investment accounts (Acorns Invest, Later, or Early) so that we can reach out to them if we're unable to get ahold of you directly. 

A Trusted Contact is a person, 18 years or older, who you authorize Acorns to contact in the following limited situations:

  1. If there is a reasonable belief that your account may be exposed to possible financial exploitation; or 
  2. To confirm the specifics of your current contact information, health status, or the identity of a legal guardian, executor, trustee, or power of attorney

Adding a Trusted Contact doesn't grant authority to make transactions in your account, nor to act as an executor, trustee or power of attorney. You're not required to add a Trusted Contact to any account. However, keep in mind that a Trusted Contact can help prevent fraud without giving up financial control of your finances! For additional information, please see our full disclosures.

See our FAQ for more information: How do you add or edit a Trusted Contact?

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