By admin on July 4, 2017
Portfolio Managers such as HighView charge a percentage of the investments they manage. This fee is transparent and generally much less than retail management and distribution costs, which are often embedded as a cost of doing business. Fees are fully transparent on client statements and typically go down as a percentage of your portfolio as your assets grow. Fees are not paid by commission based on volume of buying or selling investments and are generally significantly lower than typical mutual fund fees.
It’s important to note that your money must reside at a custodian financial institution for an extra layer of protection and safety and there is usually a small additional fee for this service.
