Assets Under Management
Assets | Annual Rate | Quarterly Rate |
|---|---|---|
0-1,000,000 | 1.00% | 0.250% |
1,000,001-2,000,000 | 0.90% | 0.225% |
2,000,001-3,000,000 | 0.80% | 0.200% |
3,000,001-4,000,000 | 0.70% | 0.175% |
4,000,001 - 5,000,000 | 0.60% | 0.150% |
Greater than 5,000,000 | 0.50% | 0.125% |
Fee is paid quarterly in arrears based either on the average daily balance of the client's account or the value of the Client's account on the last day of the billing period, depending on if the client is utilizing Altruist or Charles Schwab, respectively.
Fee is a straight tier structure. For example, if a Client has $3,500,000 of AUM, the bill for the quarter would be $5,250($3,500,000 * .175%).
INVESTMENT MANAGEMENT SERVICES ARE ONLY AVAILABLE TO CLIENTS WHO ARE UTLIZING STRIDE'S FINANCIAL PLANNING SERVICES. For Clients who have at least $500,000 of AUM, financial planning fees will be waived.
See Form ADV 2A/2B for more information
Financial Planning
* Initial fee to construct comprehensive plan
- Fee not to exceed $2,000 - will be negotiated during discovery phase
* $625 quarterly fee after delivery of the financial plan
* Quarterly fee will begin in the second calendar quarter after the plan is delivered
*Example - plan delivered in February, $625 quarterly fee will be billed on July 1st for the prior quarter
*For Clients utilizing STRIDE's investment management service, the financial planning fee will be waived for Clients who have at least $500,000 in assets under management.
See Form ADV 2A/2B for more information.