When you invest with Beanstox, we do all of the heavy lifting for you for a $5 monthly subscription fee. The $5 monthly subscription fee includes the costs associated with:
- initially setting up your account
- maintaining your account
- transaction processing including buying and selling securities
- account management tasks like making available statements and documents required by the SEC
Are there any other costs associated with my Beanstox account?
No! There are no other additional fees for costs associated with portfolio advisory services, custody, account maintenance, or trade executions, unless those fees are related to foreign exchange or third-party asset fees.
When you withdraw funds from your Beanstox account, you will incur a $0.25 charge, which will be subtracted from the total withdrawal amount.
The fees and expenses charged by ETFs to their shareholders are separate from, and in addition to, the Beanstox monthly fee. These fees and expenses are described in the prospectus of each ETF and are generally composed of a management fee and other fund expenses. Beanstox does not earn or receive a portion of such fees.