How is FutureAdvisor’s management fee charged?

We charge a flat annual management fee of 0.5% of assets directly managed. This means that assets we don't directly trade in, such as your current employer 401(k), are not included for billing purposes.

Our 0.5% management fee is billed as quarterly installments of 0.125% of assets directly managed. The billing cycle begins in the month following your initial rebalance, and we deduct the fee from non-tax sheltered accounts whenever possible.

For example, if your initial rebalance occurs in June, your first billing installment will not occur until the first week of July, and the fee will cover July, August, and September's service.