Finhabits provides a wrap-fee for services that include most costs associated with your investment or retirement account (trading, clearing, technology services).
We invest your money in low-cost, exchange-traded funds at companies such as Vanguard and BlackRock. In addition to the Finhabits fee, these funds will also charge you an average fee of 0.12% per year. This fund fee is charged at the fund level, not out of your Finhabits account.
You may also incur other miscellaneous fees that are not part of the normal services, like physical copies of your statements mailed to you. You can find full details of our services and fees in the Advisory Agreement.