OpenInvest charges a base advisory fee of 0.50% of assets under management. An additional fee of 0.22% applies if you choose to invest in their green bond fund.
OpenInvest is known for its socially responsible investing approach and offers a transparent fee structure. The fees cover the management of your portfolio as a robo-advisor.
Here's a breakdown of OpenInvest's fee structure:
| Fee Type | Details |
|---|---|
| Base Advisory Fee | 0.50% of assets under management, charged annually. This covers the standard management of your diversified portfolio. |
| Green Bond Fund Fee | An additional 0.22% is applied if you opt to include the green bond fund in your portfolio, reflecting its specialized nature. |
These fees are designed to be competitive, positioning OpenInvest as a low-cost option for investors interested in socially responsible portfolios. This structure allows investors to align their investments with their values while maintaining predictable costs.
