DeafInvest offers two different services at two different platforms for investment clients. There are two platforms available for the clients to pick to use with DeafInvest: Betterment LLC and Pershing LLC.

Advisory Fee for DeafInvest services

Three services available are all-inclusive service, investment-only services, and robo-advisory with Betterment.

Fees are: 

• 2% to 1% of the asset under management for all-inclusive service through Pershing LLC. That advisory fee includes all individual services DeafInvest offers with no additional charge.
• 1.5% to 0.70% of the asset under management for investment management only service through Pershing LLC. Additional services will be charged separately such as tax preparation and financial planning.
• 1% to 0.70% of the asset under management for investment only service through Betterment LLC. It includes Betterment’s platform fee of 0.25%.

All fees are billed either monthly or quarterly based on the advisory agreement. 

The advisory fee is billed in arrears, meaning the advisory fee is paid to the advisor for the average value of the clients’ accounts in the month before, not in advance.

Transaction fees are not paid by the clients. 

The information here is updated as of August 2024.