Investment Accounts

Frequently Asked Questions

What are the fees for an investment account?

The only fee that WealthDrive charges is an annual asset based charge. This charge is negotiable so it may differ from client to client.

Other fees that might be assessed to a client that are unrelated to WealthDrive’s fees are: Technology fee paid directly to WealthDrive Technology, Custodian fee paid to the custodian of record, Investment fees such as expense charges, etc.

Please read all documentation throughly.

Do you offer a fee waiver?

We understand that sometimes life happens so if you would like to apply for a fee waiver please reach out to us directly.

Are there any exit fees?

Depending on the relationship there may be an account closing fee assessed against the account.

Are there custodial fees associated with accounts?

Yes, under normal circumstances, there are always custodial fees associated with an investment account.

What's to keep me from just leasing the investing module and entering the trades myself at a discount broker?

We encourage this type of relationship if you chose to manage your assets in this fashion. This is the reason we were created in the first place.

Do you give a fee break for larger accounts?

All fees to WealthDrive for investment management purposes are negotiable so please reach out to us directly.

Still Not Sure?

Reach out and see if we can answer all your questions .