What are the fees associated with Honest Dollar?
We’re making it easier to get started by waiving your Honest Dollar wrap fee through the end of 2018. Beginning January 1, 2019, the Honest Dollar fee will be $1 per month for balances of $5,000 or less and 0.25% per year of assets for balances above $5,000. You’ll still bear the standard fees and expenses reflected in the pricing of the ETFs in your portfolio, plus fees for various ancillary services charged by the custodian while the wrap fee waiver is in effect.
The Honest Dollar wrap fee does not include the fees and expenses applicable to investment funds, including the fees and expenses that are reflected in the price of the ETF and mutual fund shares, which are deducted from the fund’s net asset value and are borne by the fund’s shareholders. The Honest Dollar wrap fee also does not include additional costs that are charged by the custodian for ancillary services. For more information regarding the Honest Dollar wrap fee and other costs associated with the program, please refer to the Honest Advisors Form ADV Part 2 Brochure or your Investment Advisory Agreement. Pricing is subject to change.