Advisor Asset Management Fees and Other Fees
I have a financial advisor that charges a percentage fee. I also want to add fees for fund expenses. How do I do this?
You can add investment fees from the Plan Settings section.
To apply fees to every investment account:
- Click Plan Settings on the navigation menu.
- Select the Investment Fees tab.
- Enter the applicable investment fees in the fields shown in the first screenshot below.
- Your changes will automatically save.
For example, entering fees that total 1.25% annually will apply a 1.25% annual fee to every investment account in the plan.
To apply fees to an individual investment account:
- Go to Cash Flow Inputs.
- In the Investments section, click the applicable investment account.
- Click Account Assumptions.
- Enter an Asset Management Fee/Fund Fee for that account.
This allows you to use a different fee assumption for a specific investment account rather than applying the same fee to every account in the plan.
