Ellevest Digital & Premium (no longer available to new clients)
In June of 2020, we launched a Money Membership designed to help get more money in the hands of women+. Ellevest Digital & Premium were the services we offered prior to the Money Membership launch, and it is no longer offered to new members. If you are currently an Ellevest Digital or Premium client, we encourage you to go to your settings page and switch over to membership, so you can get access to our newest products and services.
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 members’ overall portfolios, not individual fund expense ratios.
There may be other small costs associated with your Ellevest account. To read about these in more detail, please see this FAQ page.
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