Ellevest Digital & Premium (no longer available to new clients)
Ellevest Digital & Premium plans are the plans Ellevest offered prior to June 2020.
If you are an Ellevest Digital or Premium client, please see the information regarding your service.
For Ellevest Digital & Premium, clients pay a single fee for brokerage, custodial, investment advisory, and other related services as described in our Form ADV Brochure and Client Agreement.
For Ellevest Digital, this fee is 25 basis points (0.25%) per year of your assets under management. For Ellevest Premium, this fee is 50 basis points (0.50%) per year of your assets under management.
The fee is prorated and charged monthly (in arrears) based upon the market value of the average daily account balance of your invested accounts over the preceding month. This is referred to as the “Program Fee” in your Client Agreement and other account disclosure documents.
There is no fee charged for any client funds held in Emergency Fund goals.
The Ellevest Digital & Premium fees do not include the underlying fees charged by the funds in your account. These fees are built into the purchase price of each security, and do not appear as a separate fee transaction on your statement. For Ellevest core (non-Impact) portfolios, the ETF fund fees can range from 0.05% to 0.10% per year, and for Ellevest Impact Portfolios, these ETF and mutual fund fees can range from 0.13% to 0.19% per year.
*This range includes blended expense ratios for clients’ overall portfolios, not individual fund expense ratios.