Fee Structure Bernstein Financial Advisory
Investment Management & Financial Planning
Bernstein Financial Advisory offers discretionary direct asset management services to advisory clients. We charge an annual investment advisory fee based on the total assets under management as follows:
| Assets Under Management | Annual Fee | Quarterly Fee |
|---|---|---|
| Up to $500,000 | 1.50% | 0.375% |
| $500,001 to $1,000,000 | 1.25% | 0.3125% |
| $1,000,001 to $10,000,000 | 1.00% | 0.25% |
| Over $10,000,000 | 0.75% | 0.1875% |
Assets Annual/Qtrly Fee
Up to $500,000 1.50%/0.375%
$500,001 to $1,000,000 1.25%/0.3125%
$1,000,001 to $10,000,000 1.00%/0.25%
Over $10,000,000 0.75%/0.1875%
This is a tiered or breakpoint fee schedule, the entire portfolio is charged the same asset management fee. For example, a Client with $750,000 under management would pay $9,375 on an annual basis. $750,000 x 1.25% = $9,375.
Financial Planning Only
Bernstein Financial charges an hourly fee of $250 for financial planning. Prior to the planning process the client will be provided an estimated plan fee. Fees are billed 50% in advance with the balance due upon plan delivery.