Covestor Will Give New Clients iPads(TM)

Incentive Features The Latest Apple® Innovation, Citing Similar Goals Of Making Life Easier For Today’s Investor

NEW YORK, April 13 /PRNewswire/ — Drawing a direct correlation between the way the Apple iPad is expected to lead the evolution of Internet use and the way its own service is leading the evolution of investment management for the everyday investor, Covestor announced that it will give the much-anticipated new devices to clients who sign up for the Covestor Investment Management service, effective immediately. (read more)

      Qualification Procedures

1. Complete the three-step Covestor client application here:
2. Within 48 hours you will receive an invitation link to open a Covestor-linked brokerage account at Interactive Brokers. You must wait for this invitation link from us. Please do not fill out a standard Interactive Brokers application directly on the Interactive Brokers website.
3. Complete the Covestor-linked Interactive Brokers application and fund the account with at least $30,000 (Required Minimum).  Note: Covestor has a $10,000 account minimum, but funding must be at least the Required Minimum to qualify for the iPad incentive.
4. Participants have 60 days from the completion of their Interactive Brokers application to fund their accounts.
5. After you’ve funded your account, email us with “iPad” in the subject line and your Interactive Brokers account number in the body so we can confirm that you have funded your account.  Qualification will be on a first-come basis as determined by the receiving email time-stamp at Covestor.

Terms & Conditions 

1. Qualifying clients will receive an Apple iPad (16 GB Wi-Fi only versions, retail value of $499).
2. New account holders will have to keep their account open and funded with $30,000 or greater for at least 6 months from the date of account funding.
3. Accounts closed or fund withdrawals below the required minimum will be assessed a $499 fee at Covestor’s discretion.
4. Account fluctuations due to market performance will not be assessed the $499 fee.
5. Product fulfillment will be via the Apple website and shipment will be direct to our clients at our discretion and subject to availability.
6. Covestor reserves the right to substitute cash payment of $499 within a reasonable time limit at our discretion.
7. Covestor employees or related third-parties are ineligible. This incentive will run until August 31, 2010. This offer may be extended or discontinued at the discretion of Covestor. All related announcements will be posted to this website. Limit one per household. Not to be combined with other offers.
8. Apple® and iPad™ are registered trademarks of Apple Inc.