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Choose from two annual recordkeeping fee options:
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Option 1 - Based on Number of Assets |
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Alternative Assets |
$299/asset |
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Non-Recourse Loans |
$199/asset |
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Precious Metals |
$150/year - unlimited assets |
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Crowdfunding* |
$150/year - unlimited assets |
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All annual fees are billed in quarterly increments upon investment acquisition. A single alternative asset investment annual fee is $299 per year, charged $74.75 per quarter. For multiple investments, for example three alternative investments, the annual fee would be $897, charged $224.25 per quarter. Please note that a non-recourse loan is payable at a discounted rate of $199 per year. For example, a single investment coupled with a non-recourse loan would be charged $498 per year or $124.50 per quarter.
*The crowdfunding fee of $150/year for unlimited assets will only be applied to accounts that are investing with the following companies: WeFunder, SharesPost, Realty Mogul, Funders Club, EquityZen, and Crowdstreet.
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Option 2 - Based on Asset Value (calculate using the table below) |
Min. $199 - Max. $1,995 |
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| If the account value is between |
Multiply the value by |
$1 and $24,999
$25,000 and $49,999
$50,000 and $149,999
$150,000 and $299,999
$300,000 and up |
0.0095
0.0070
0.0065
0.0060
$1,995 (max) |
For example, if account value is $20,000, the annual recordkeeping fee would be $199 ($20,000 x .0095 = $190. However, $199 is the minimum fee.) If account value is $55,000, the annual recordkeeping fee would be $445.00, calculated by adding together the incremental amounts for each tier: Tier 1: $24,999 x .0095 = $237.49; Tier 2: $25,000 x .0070 = $175.00. Tier 3: $5,001 x .0065 = $32.51. Combining the number from all three tiers totals $445.00.
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