Fee Structure

At Rivers Wealth, our management fees are structured as a percentage of assets under management, starting at 1.25%, plus the cost of the underlying investments (MER). Our portfolios primarily use low-cost ETFs, but the overall product cost will depend on the allocation to alternative investments (“alternatives”). Alternative investments consist of non publicly listed investments, such as private equity and private real estate funds. Without alternatives, the product cost is typically around 0.20%. For portfolios with a 20% allocation to alternatives, the cost could rise to around 0.40%.

The fee as a percentage of total investable assets decreases as the portfolio size grows, according to the tiers below. For instance, with a $2 million portfolio, the first $500,000 would be charged a 1.25% fee, the next $500,000 a 1% fee, and the remaining $1 million would have a 0.75% fee. The overall management fee, as a percentage of assets under management, would come out to 0.94%.