The management fee is an annual fee that is charged by the robo-advisor for managing your assets. This management fee can be all-encompassing, including the costs of rebalancing, account and portfolio creation, brokerage fees, transactions fees and more.
However, the management is not the only fee you will pay. There are other fees that you could incur, such as the expense ratio and currency conversion fees.
Comments
0 comments
Article is closed for comments.