We use cookies to give users the best content and online experience. By clicking “Accept All Cookies”, you agree to allow us to use all cookies. Visit our Privacy Policy to learn more.

Manage Cookies
Resources for Businesses My BBB
Share
Business Profile

Financial Technology

InvestiQuant, Inc
BBB accredited business seal
BBB Accredited BusinessA+Rated by BBB

Complaints

Customer Complaints Summary

  • 1 complaint in the last 3 years.
  • 1 complaint closed in the last 12 months.

If you've experienced an issue

Submit a Complaint

The complaint text that is displayed might not represent all complaints filed with BBB. Some consumers may elect to not publish the details of their complaints, some complaints may not meet BBB's standards for publication, or BBB may display a portion of complaints when a high volume is received for a particular business.

Sort by

Complaint status

Complaint type

  • Initial Complaint

    Date:03/30/2025

    Type:Service or Repair Issues
    Status:
    Resolved
    Resolved:
    The complainant verified the issue was resolved to their satisfaction.
    Unresolved:
    The business responded to the dispute but failed to make a good faith effort to resolve it.
    Answered:
    The business addressed the issues within the complaint, but the consumer either a) did not accept the response, OR b) did not notify BBB as to their satisfaction.
    Unanswered:
    The business failed to respond to the dispute.
    Unpursuable:
    BBB is unable to locate the business.
    I started with Investiquant in September of 2024. Out of the $150,000 transfer I sent to them to use the Select 150 program they took out a $9,900 license fee. I am not sure if I had agreed to do that or to have the license fee taken from profits which is an option they offer with certain programs. They also charged me a $200 subscription amount. Per Investiquant the license fee is based on a 20% expected return. From September until a few days ago when I got out of the investment I was losing every month and ended up losing apprroimately 28 percent which appears to be lower then their worst drawdown. I withdrew roughly $101,000 from the program. There appear to be a number of misrepresentations the company made that I relied on. The first is that on their You Tube video they state to give them at least a year. When I complained to **** ******** (Senior Product Manager) about my losses he stated in an e-mail (included) that you really need to give the program three years. Who would knowingly go into such an investment paying a a license fee every year if they knew it wasn't going to be profitable for three years? Secondly,**** sent me an email (included) in January of 2024 stating that combining the Select 150 with another program (Select 250) has strong upside potential and he gave me a graph showing so. Both programs have had large drawdowns over the past six months. Third, I have had numerous positions that were profitable but the program held them until they became unprofitable. When I spoke to **** he basically said that the program does what is best for long term performance. What difference is long term perfformance if I have no money left in the shorter term? That should have been disclosed before I purchased the program. Lastly, **** stated that the program is really dependant on what month you get in and that if I had gotten in two months sooner I would be at break even. If I had known that I am not sure I would have purchased the program.

InvestiQuant, Inc is BBB Accredited.

BBB accredited business seal

This business has committed to upholding the BBB Standards for Trust.

Why choose a BBB Accredited Business?

BBB Business Profiles may not be reproduced for sales or promotional purposes.

BBB Business Profiles are provided solely to assist you in exercising your own best judgment. BBB asks third parties who publish complaints, reviews and/or responses on this website to affirm that the information provided is accurate. However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles.

When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints.

BBB Business Profiles generally cover a three-year reporting period, except for customer reviews. Customer reviews posted prior to July 5, 2024, will no longer be published when they reach three years from their submission date. Customer reviews posted on/after July 5, 2024, will be published indefinitely unless otherwise voluntarily retracted by the user who submitted the content, or BBB no longer believes the review is authentic. BBB Business Profiles are subject to change at any time. If you choose to do business with this company, please let them know that you checked their record with BBB.

As a matter of policy, BBB does not endorse any product, service or business. Businesses are under no obligation to seek BBB accreditation, and some businesses are not accredited because they have not sought BBB accreditation. BBB charges a fee for BBB Accreditation. This fee supports BBB's efforts to fulfill its mission of advancing marketplace trust.