With VirtualWealth, a single low management fee will be collected from your account every quarter that covers professional portfolio management, trading fees and account reporting as well as support from a team of VirtualWealth representatives.
The management fee is calculated on the average daily value of your portfolio during the quarter at a blended annual rate based on the tiers set out below.
- First $0 to $100,000: 0.6%
- $100,000 to $500,000: 0.5%
- $500,000 to $1 million: 0.4%
- More than $1 million: 0.35%
You can take a look at VirtualWealth’s FAQs for more details on fees.