Ellevest Digital and Premium clients pay a single fee for brokerage, custodial, investment advisory and other related services defined in our 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. This is referred to as the “Program Fee” in your Client Agreement and other account disclosure documents.
The Ellevest Digital or Ellevest Premium fees do not include the underlying fees charged by the funds in your account. For core (non-Impact) investment portfolios, these fund fees can range from 0.03% to 0.10% per year, and for Ellevest Impact Portfolios, these fund fees can range from 0.13% to 0.19% per year.
There is no fee charged for any funds held in Emergency Fund goals.
There may be other small costs associated with your Ellevest account. To read about these in more detail, please see this FAQ page.