Fees and requirements

Advisory fee

TYPE OF FEE / REQUIREMENT
Explanation
Charge
Advisory fee
General management fee for a True Link Advisor to administer your account, including the following actions:
  • Separate out tax-advantaged accounts from other savings and invest those separately, ensuring that you’re meeting payout requirements but taking greatest advantage of the tax-free growth
  • Adjust the composition of your plan for your income tax bracket and to account for pension and social security income
  • Review the plan and develop a strategy to migrate over currently-invested assets in a way that balances capital gains concerns
  • Shop for the best insurance quotes across multiple providers and taking into account cost of living and refundability considerations
  • Adjust investments, trusts/tax planning, and insurance to address long term care and medical inflation
  • Purchase and custody the recommended securities
  • Rebalance periodically to generate income, adjust for changing needs, market conditions, and the passage of time – working to keep your portfolio optimized over time for your needs
0.87% 
Accounts with $100,000 +
- OR -
$1000
Accounts with less than $100,000 (annual fee)

Other fees associated with advisory services

Type of fee / Requirement
Explanation
Charge
Open account fee
Fee incurred when opening an investment advisory account with True Link
$0
Trade fees
Fees incurred when buying and selling securities
$0
Transaction fees
Fees incurred when depositing or withdrawing funds
$0
Rebalancing fees
Fees incurred when True Link Advisor periodically rebalances your portfolio
$0
Minimum balance
Required minimum amount to have in your account at all times
No requirement
Required deposits
Required monthly or quarterly deposits into your account
No requirement
Termination fees
Fees incurred when terminating True Link’s investment advisory services
$0
Custodial fees
Fees incurred to hold funds at Charles Schwab (True Link’s third party custodian)
$0
Inactivity fees
Fees incurred if there is no activity on the account for a given period of time
$0
Soft dollars
Fees incurred from “soft dollar” arrangements (i.e., Advisor access to proprietary research and market insights)
We do not enter into soft dollar arrangements
Advisor support
Fees incurred from regularly scheduled Advisor reviews and/or as-needed communications
$0

Fees associated with underlying investments

Type of fee / Requirement
Explanation
Charge
Back-end loads
Fees charged by a fund if you withdraw money out of your account before a certain date
$0
12b-1 fees
Annual marketing or distribution fees associated with a given fund
$0
We do not invest in funds that charge 12b-1 fees

Broker commissions

Type of fee / Requirement
Explanation
Charge
Front-end load commissions
Commissions paid to broker when certain mutual funds are sold
$0
Sales / trades commissions
Commissions paid to broker for product sales or trades
$0
Fund specific: 
Stocks and ETFs
Commissions related specifically to sales or trades of stocks and ETFs
$0
True Link assumes all costs for client
Fund specific: 
Mutual funds
Commissions related specifically to sales or trades of mutual funds
$0
True Link assumes all costs for client
Fund specific: 
Options
Commissions related specifically to sales or trades of options
$0
True Link assumes all costs for client
Fund specific: 
Fixed income
Commissions related specifically to sales or trades of fixed income investment vehicles
$0
True Link assumes all costs for client

When are fees charged?

Fees are charged on a monthly basis.

If I decide to terminate my relationship with True Link before the end of the year, am I charged for the whole year?

No. We prorate our fee and will charge you on a monthly basis.

Do you have different pricing models depending on the amount of assets I have invested?

For accounts $100,000 and over, we have one flat advisory fee of 0.87%. For accounts under $100,000, we charge a single annual fee of $1,000, prorated on a monthly basis.

For more information on how we think about fees, transparency, and our duty to act in your best interest, please review our manifesto on fees.