Fixed Rate Annuities

You pay no management fee for money invested in a fixed rate annuity. The annuity companies pays us a fee for using their annuities. You earn exactly whatever rate you are quoted.

A typical fee we receive on a fixed rate annuity is 1.50% for a three year annuity. It is a one-time payment, and is often paid again if you choose to renew the annuity after the term is complete.

Fixed Income

All customers, regardless of the amount invested, pay 0.40% annually for any fixed income portfolio. This includes US Treasuries, brokered CDs, bond Exchange Traded Funds (ETFs) and mutual funds.

For example, a $100,000 Treasury portfolio fee is $400 per year. Fees are charged quarterly, in advance, and come right out of your account.

Stock ETFs and Funds

Your fee for all stock Exchange Traded Fund (ETF) and mutual fund portfolios is based on the table below. When you reach a higher asset level your fee goes down on all of your money…from dollar one. For example, a $100,000 ETF portfolio is $750 per year. Click here for Massachusetts fee schedule.

Under $50,000 1.25%

$50,000-$99 ,999 1.00%

$100,000-$499,999 0.75%

$500,000 to $999,999 0.65%

$1,000,000 to $1,999,999 0.60%

$2,000,000 or more 0.50%