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mbrad14711
Follower ○○○

Fee Schedules for Investment Management

I'm an independent RIA. I recently encountered a competitive situation with a top tier full-service brokerage where the client was offered a wrap fee of 0.45% on a fixed income account of ~$3mm. (We still got the account.)

  • I'm curious about what other MO users are charging.
  • Any experience with performance-based pricing?

Here's my schedule

First $2mm 1.5%

Next $3mm 1%

Above $5mm 0.50%

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jasonbball
Follower ○○

Re: Fee Schedules for Investment Management

Fidelity or TD Ameritrade puts out an annual fee analysis I believe. You can also benchmark your fees based on the services that your firm offers, it is not always an apple to apple comparison out there. 

Jason B. Ball
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