Better financial outcomes through intelligent and purpose-driven investing. We continually strive to reduce unnecessary costs so that we can pass on the cost savings to our clients.
1.00% up to the first $1 million
0.85% on assets between $1M & $2.5M
0.75% on assets between $2.5M & $5M
0.50% on assets between $5M & $10M
0.25% on assets between $10M & $25M
0.15% on assets above $25 million
Assets under management of One Day Wealth are typically held at either Charles Schwab Institutional, SEI Private Trust, or Altruist Corp. One Day Wealth does not hold custody of the assets.
Investment advisory services are offered through a strategic partnership with Columbia Advisory Partners, an SEC-registered investment advisor.
Clients who have at least $750,000 of investable assets with One Day Wealth may qualify for our comprehensive financial planning services at no additional cost. We also offer financial planning services for those who are building their wealth and don’t meet this threshold.
Depending on the custodian that is most suitable for the client's goals, there may be an additional platform fee ranging from 0.05-0.15%.
Not all investments are correlated. At any given time, some may be going up, and some may be going down. Asset allocation provides means of managing the risks (like an economic crisis) so that your ride can be much more smooth. Where it makes sense, we offer access to alternative investments within the private market space that has a low correlation to the public markets.
Not to be confused with “asset allocation”, the location of assets in an investment portfolio is almost equally as important. Asset “location” refers to where the investment is physically held. To simplify things, let’s consider two different locations as examples:
There are countless studies that show the value-add that rebalancing brings to the portfolio. However, it’s easier said than done in your own personal portfolio. It’s hard to sell an investment that has done nothing but go up and brought you great fortune. It’s equally as hard to buy an investment that has done nothing but go down and continued to lose you money. Because we know this is hard, we remove the emotion and automatically rebalance your investment portfolio.
Do you wish to pay more taxes each year?… We’re willing to bet that you don’t. During the time we are bringing your portfolio back to balance, we seek to maximize your taxable losses and minimize your taxable gains wherever possible.
If your account isn’t listed above, please Contact Us and we can tell you whether we can accommodate. We also offer great 401(k) options for small-businesses.
