FEE SCHEDULE
Gwynedd Wealth Partners Client Fee Schedule
Gwynedd’s primary objective is to provide exceptional money management and advice in a cost effective, transparent manner. Our intention is to accomplish this with a total fee of approximately 1.30%. This fee includes Gwynedd’s advisory fee, the custodians’ fee, the investment vehicle expense ratio and a personal financial planning website specific for each client. The total fee is considerably less than the 2%-3% that a typical investment advisor charges which does not include financial planning or a client specific website.
The following are Gwynedd’s advisory fee schedule and that of our primary custodian, Folio Investments. In addition, we have listed the investment vehicle fees of a typical model portfolio. Please note, Gwynedd may utilize Separate Account managers depending on the needs of the client and only with client approval. Separate Account manager fees vary and typically begin at .25%.
Advisory Fees – Gwynedd Wealth Partners
- Billed monthly in advance
- $20.83 per month minimum fee
- 0.95% on assets between $26,326 and $500,000
- 0.90% on assets between $500,000 and $1,000,000
- 0.80% on assets between $1,000,000 and $3,000,000
- 0.70% on assets between $3,000,000 and $5,000,000
- 0.60% on assets over $5,000,000.00
- Gwynedd does not have proprietary mutual funds or ETF’s
Assets in your accounts are aggregated in order to determine the appropriate fee amount. When total household assets under the management of Gwynedd reaches a breakpoint level, the reduced fee percentage is applied to the entire amount under management.
Custodian Fees – Folio Investments
Folio charges custodial/brokerage fees on all accounts. In addition, Folio charges separate fees for special services such as Account closing/transfer outs and a Checkbook for your Folio account.
- Billed monthly in advance
- $16.67 per month minimum fee
- 0.25% on assets over $80,000
- Commission -Free window trades at 11:00 AM and 2:00 PM EST.
- $3.95 per trade for Market Orders, Limit Orders, Stop or Stop/Limit Orders.
- $25 per year IRA Custodial Fee
Folio does not have proprietary mutual funds, ETF’s or separate accounts.
Expense Ratios for the typical Investment in a Gwynedd Model Portfolio
Fixed Income
| Symbol | Name | Expense Ratio |
|---|---|---|
| AGG | Blackrock iShares US Aggregate Bond Fund ETF | .08% |
| MBB | Blackrock iShares Mortgage Back Securities ETF | .29% |
| TLT | iShares 20 + Year Treasury Bond ETF | .15% |
| VCLT | Vanguard Long-Term Corporate Bond ETF | .10% |
| VCIT | Vanguard Intermediate-Term Corporate Bond ETF | .10% |
| VGLT | Vanguard Long-Term US Government Bond Fund ETF | .10% |
U.S. Equities
| MGC | Vanguard Mega Cap ETF | .09% |
| VO | Vanguard Mid-Cap ETF | .08% |
| VB | Vanguard Small-Cap ETF | .08% |
Sector/Specialty
| GLD | State Street SPDR Gold Trust | .40% |
| VDE | Vanguard Energy ETF | .10% |
| VGT | Vanguard Information Technology ETF | .10% |
| VHT | Vanguard Health Care ETF | .09% |
| VIS | Vanguard Industrials ETF | .10% |
| VNQ | Vanguard REIT ETF | .12% |
International Equities
| VWO | Vanguard FTSE Emerging Markets | .15% |
| VEU | Vanguard FTSE All-World ex-US ETF | .13% |
Personal Financial Website
At Gwynedd we utilize eMoney, a Radnor, PA based company that is owned by Fidelity Investments to provide a Personal Financial Management platform for our clients. EMoney currently serves over 1 million investors worldwide encompassing more than $1.4 trillion in assets. EMoney enables our clients to aggregate and organize their financial life and all of their financial accounts with their own digital wealth management portal. EMoney provides both Gwynedd and you, our client, the ability to conduct Cash Flow Planning, Estate Planning, Advanced Planning, Goal-Based Planning, Investment Planning and Retirement Income Planning all within your own personal financial website. The website can be accessed from wherever you are and on any computer, tablet or mobile device you choose. This is all provided FREE to Gwynedd clients. There are no hidden charges or fees.