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 ManagementAnnual FeeQuarterly Fee
Up to $500,0001.50%.375%
$500,001 to $1,000,0001.25%.313%
$1,000,001 to $10,000,0001.00%250%
Over $10,000,0000.75%.188%

Assets Under Management: Up to $500,000 for 1.50% Annual Fee/ .375% Quarterly Fee

Assets Under Management: $500,001 to $1,000,000 for 1.25% Annual Fee/ .313% Quarterly Fee

Assets Under Management: $1,000,001 to $10,000,000 for 1.00% Annual Fee/ .250% Quarterly Fee

Assets Under Management: Over $10,000,000 for .75% Annual Fee/ .188% Quarterly Fee

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.