Pricing Options
ATX Portfolio Advisors® believes that all investment decisions should be informed through careful planning based on an individual’s unique needs, goals, resources, experiences, preferences, and concerns. For that reason, we begin every relationship by developing a comprehensive financial plan. Financial plan elements include cash flow, risk management, retirement, college, investments, insurance, estate, and tax. The cost of a comprehensive plan is $3000. Subsequent planning and reviews are $1500.
If ATX Portfolio Advisors® is engaged to manage assets, the initial planning fees may be credited towards the first year’s advisory fees. Ongoing financial planning is included as part of the advisory fee for all managed assets.
We offer two advisory fee options for managed assets, Fee-Only and Fee-Only (When You’re Up).
Fee-Only
Our Fee-Only asset based approach offers a traditional set fee schedule charged on a quarterly basis.
| Investment Amount | Net Advisory Fee |
|---|---|
| FIRST $1,000,000 | .75% |
| NEXT $4,000,000 | .50% |
| NEXT $5,000,000 - AND UP | .25% |
Fee-Only (When You're Up)
"Fee-Only (When You're Up)" clients are only charged for quarters that the ending account value is higher than the previous quarter's[i].
| Investment Amount | Net Advisory Fee |
|---|---|
| FIRST $1,000,000 | 1.25% |
| NEXT $4,000,000 | 1.00% |
| NEXT $5,000,000 | .75% |
| NEXT $10,000,000 - AND UP | .50% |
CALCULATION
The fee is calculated by taking your quarter ending balance of assets being managed multiplied according to the fee schedule above, divided by 365, then multiplied by the number of days in the quarter.
Example 1
December ending balance = $1,000,000
March ending balance = $1,000,001
$1,000,000 x 1.25% = $12,500
$12,500/365 = $34.47 per day
$34.47 x 90 days = $3082.19 Q1 Net Advisory Fee
Consider that if you experience a 10% loss during a correction, it takes an 11.11% return just to break even! It's during those times that the Fee-Only (When You’re Up) approach lightens your load.
Example 2
December ending balance = $1,000,000
March ending balance net of fees/deposits/withdrawals = $999,999
$0 Q1 Net Advisory Fee
HOUSEHOLD DISCOUNTS
We aggregate all of your household accounts that we manage when determining your Net Advisory Fee so that every account qualifies our for the lowest rate based on all of those assets. Additionally, we do not charge advisory fees on 529 accounts we manage as part of your household.
underlying mutual fund And 529 Expenses
The mutual funds and exchange traded funds used in our models have expense ratios that are in addition to our advisory fee. The compilation of those funds are less than .30% in our Accountable Portfolios . There are no loads (commissions) or 12b-1 fees associated with DFA.
529 Plans assess plan level administrative fees that can vary by plan.
CUSTODIAL COSTS FOR TRANSACTIONS
All trading costs are included in the Net Advisory Fee for “Fee Only (When You’re Up)” and “Fee Only” accounts.
[i]Net Advisory Fee is calculated every three months, in arrears, based on the balance on the last business day of the previous billing cycle. For "Fee Only (When You're Up)" clients, ATX Portfolio Advisors will waive the Net Advisory Fee for any billing cycle that has an ending balance, net of deposits/withdrawals/fees, that falls below the preceding cycle's ending balance.