Red Tortoise Investment Advisory Fee Schedule
1.00% of the first $500,000 in assets under management, plus
0.50% of the next $500,000 ($500 thousand to $1 million), plus
0.40% of the next $4,000,000 ($1 million to $5 million), plus
0.35% of the next $5,000,000 ($5 million to $10 million), plus
0.30% thereafter (above $10,000,000).
Fees are billed quarterly in arrears.
We are never compensated from the funds in which we invest our clients’ assets. We never take a commission. Neither Red Tortoise nor its advisors buy bonds and mark up their price and then sell them to our clients making a profit as a dealer. In keeping with our opinion that our clients should make informed decisions, clients should know there are lower fee options online from so called “robo-advisors” such as Betterment and Wealthfront.
The table below shows our annual fee given different portfolio values.
| Assets | Annual Fee | Annual Rate |
| $500,000 | $5,000 | 1.00% |
| $1,000,000 | $7,500 | 0.75% |
| $1,500,000 | $9,500 | 0.63% |
| $2,000,000 | $11,500 | 0.58% |
| $2,500,000 | $13,500 | 0.54% |
| $3,000,000 | $15,000 | 0.52% |
| $3,500,000 | $17,500 | 0.50% |
| $4,000,000 | $19,500 | 0.49% |
| $4,500,000 | $21,500 | 0.48% |
| $5,000,000 | $23,500 | 0.47% |
Find out what the U.S. Securities and Exchange Commission’s Office of Investor Education and Advocacy has to say about “How fees and expenses affect your investment portfolio”.