Frequently Asked Questions
Getting started on your path to confidently attain your goals is easy, all you need is a goal, when you wish to achieve your goal, and the amount of money you have currently set aside to achieve that goal. In addition, you will need a statement from your current broker or investment manager.
Investperity does not charge for investment plans. A majority of investment plans are not complicated. They do require a customized solution since each goal will have its own timeline and purpose; however, all that is needed for a successful plan is to set your goals and create an action plan to achieve those goals. Why pay more for something when it is not required?
A RIA is a registered investment advisor. They have a fiduciary duty to manage your assets in the best interest of the client, not the advisor. A RIA must register with state security administrators or the SEC.
An annual aum (assets under management) fee of 0.50%, half of one percent, is the only fee that Investperity charges its clients. The fee is charged on a monthly basis. The custodian, Interactive Brokers, charges fees for trades, wires, and accounts that are under $100,000.
Please visit their site for more details.
https://www.interactivebrokers.com/en/index.php?f=1590
Investperity's third party broker, Interactive Brokers, collects the fee from the accounts on a monthly basis.
Interactive Brokers LLC is a registered Broker-Dealer, Futures Commission Merchant and Forex Dealer Member, regulated by the U.S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA), and is a member of the Financial Industry Regulatory Authority (FINRA) and several other self-regulatory organizations. Interactive Brokers does not endorse or recommend any introducing brokers, third-party financial advisors or hedge funds, including Investperity LLC. Interactive Brokers provides execution and clearing services to customers. None of the information contained herein constitutes a recommendation, offer, or solicitation of an offer by Interactive Brokers to buy, sell or hold any security, financial product or instrument or to engage in any specific investment strategy. Interactive Brokers makes no representation, and assumes no liability to the accuracy or completeness of the information provided on this website.
Investperity does not have an account minimum; however, Interactive Brokers (the third party custodian for Investperity) applies a monthly $10 fee to accounts under $100,000.
There are several ways to transfer money to your account. The easiest way to transfer assets to your account is to transfer your full brokerage/investment account through ACATS, we can automate that for you. The most popular and user friendly way to send cash is to set up your account as a bill in your online banking bill pay and automate the transfers to your account. You may also choose to send a wire or make an ach transfer to your account.