The advisor has discretion and authority to buy, sell or trade the investments in the account on the investor’s behalf. However, the investor gives the advisor specific directions and parameters for how to manage the portfolio. NerdWallet, Inc. is an independent publisher and comparison service, not an investment advisor. Its articles, interactive tools and other content are provided to you for free, as self-help tools and for informational purposes only. They are not intended to provide investment advice. NerdWallet does not and cannot guarantee the accuracy or applicability of any information in regard to your individual circumstances.
Also, the percentage fee may decrease as the amount of assets under management increases. The fee structure may vary by type of portfolio type, too (i.e., equities versus fixed income or bond ladders). If your information was part of both breaches, you could be eligible for up to $7,500. That would make you part what the settlement administration calls a «overlap settlement class member.» When you turn on Wireless Account Lock, it disables specific transactions and account changes for all devices and lines on your wireless account.
What is the myAT&T App?
Investor can replace the manager if unhappy with performance. There are several parties involved in a separately managed account. Tina Orem is an editor at account and content strategist at NerdWallet. Prior to becoming an editor and content strategist, she covered small business and taxes at NerdWallet. She has a degree in finance, as well as a master’s degree in journalism and an MBA. Previously, she was a financial analyst and director of finance at public and private companies.
Examples are hypothetical, and we encourage you to seek personalized advice from qualified professionals regarding specific investment issues. Our estimates are based on past market performance, and past performance is not a guarantee of future performance. Millions of AT&T customers can now file claims in a $177 million legal settlement related to two data breaches, which could provide up to $7,500 in compensation per person.
If you have a standalone tablet or hotspot, you’ll have to contact us to manage Wireless Account Lock for those devices. If you have other non-wireless services, they won’t be affected by Wireless Account Lock. Standalone tablets and hotspots on an AT&T data-only plan, as well as Wireless Home Phones, can also use Wireless Account Lock. To lock or unlock one of these devices, contact us or visit an AT&T store for help. If you have other non-wireless services, they won’t be affected. Separately managed accounts are not the same as exchange funds.
- Those impacted by the March 2024 incident can claim up to $5,000 by providing materials for the documented loss cash payment option.
- Here’s how you can use the app to manage your AT&T account from your phone.
- Its articles, interactive tools and other content are provided to you for free, as self-help tools and for informational purposes only.
- Proof can include receipts and other documents «not self-prepared by the claimant that documents the costs incurred,» according to the settlement website.
- Those who were part of the second breach announced in July of last year are eligible for up to $2,500 «for losses that occurred on or after April 14, 2024,» the settlement administration said.
What payout amount could you get from the AT&T settlement?
Be sure to save or write down your user ID and password, so you can remember them the next time you need to log in. The first step is to download the app onto your phone or tablet. You can do this the same way you would with any other app you my might use in your daily life.
Who is eligible for AT&T settlement?
Mary Flory leads NerdWallet’s growing team of assigning editors at large. Before joining NerdWallet’s content team, she had spent more than 12 years developing content strategies, managing newsrooms and mentoring writers and editors. Her previous experience includes being an executive editor at the American Marketing Association and an editor at news and feature syndicate Content That Works. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website. Here is a list of our partners and here’s how we make money. Get your email anywhere you have internet access with currently.com.
AT&T Prepaid
It can take two to five days for data use to post in myAT&T, so amounts shown online may not reflect all usage since your last bill. Money is pooled with money from other investors; investor owns a share of the pool. SMAs may have several different types of fees, so be sure you understand the manager’s fee schedule and what your combined total fees would be.
Customers affected by both data breaches are eligible to file a claim in the settlement. AT&T customers whose data was compromised in the first or second data breach, or both, are eligible to file a claim for compensation. The company was accused of two separate data breach incidents in 2024 that led to the lawsuit. SMA fees may be higher or lower than the average depending on the advisor.
While a mobile app can’t make your busy life calm, it can save you a few moments by helping you manage your AT&T account on your own terms. To see some of the other helpful apps available from AT&T, visit the official apps and services website. Performance evaluated against the investor’s personal goal. Investor cannot replace the manager if unhappy with performance.
- Also, the percentage fee may decrease as the amount of assets under management increases.
- From there, you’ll just need to choose an ID and a password before confirming your account.
- Click «submit claim» and you will be prompted to include a class member ID, email address, AT&T account number or full name.
- Previously, she was a financial analyst and director of finance at public and private companies.
- While a mobile app can’t make your busy life calm, it can save you a few moments by helping you manage your AT&T account on your own terms.
Learn how to change who can access your accounts online. Be sure to use your home phone or internet username and password. This probably isn’t the same info you used to check your AT&T email.Have AT&T service?
Tina’s work has appeared in a variety of local and national media outlets. We believe everyone should be able to make financial decisions with confidence. Those who were part of the second breach announced in July of last year are eligible for up to $2,500 «for losses that occurred on or after April 14, 2024,» the settlement administration said. People whose data was exposed in the breach announced in March 2024 are eligible for up to $5,000 and can make claims for «payment for losses that occurred in 2019, or later,» according to the settlement website.
The investing information provided on this page is for educational purposes only. NerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. In both cases, customers must provide documentation showing that the losses they incurred are «fairly traceable» to the AT&T data breaches. Proof can include receipts and other documents «not self-prepared by the claimant that documents the costs incurred,» according to the settlement website.