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 $500,0001.50%0.375%
$500,001 to $1,000,0001.25%0.3125%
$1,000,001 to $10,000,0001.00%0.25%
Over $10,000,0000.75%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.