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When am I charged and how does Illuminate calculate its advisory fees?

Updated over 2 months ago

Our advisory fees are collected directly from your bank account. You will be charged on the day you are first invested in Illuminate portfolios and recurring every month after on that same day. If you choose to withdraw your money mid-month, we can work with you to return a prorated portion of the management fee for that month. Please reach out to support if you have any questions and we can help you.

What does the fee get you?

For all Illuminate accounts, your $4.99 monthly fee covers:

  • Access to guided investing portfolios

  • Automated proxy voting for sustainability-forward policies

  • Ability to invest in any individual stocks and ETFs commission-free

  • Market-leading climate and sustainability data and insights for your portfolio and across every company and fund

  • The investment advice you receive, including portfolio management and administration

  • Trading and custody fees

  • Access to our Climate Center with educational content

Are there any transaction fees?

We do not charge you additional transaction fees to buy and sell securities within your portfolios or for individual stock and ETF trades. Any fund held in your portfolio will assess fund-level fees, called expense ratios, but Illuminate aims to keep these costs low, and we receive no part of these fees.

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