Online Advisor / How It Works
Online Managed Investment Portfolios (ETF or MF) - From E*TRADE Capital Management
*Account Market Value is the daily weighted average market value of assets held in the Advisory Account during the quarter after the close of business on the last trading day of the quarter.
**Charged quarterly in arrears. The Maximum Annual Net Advisory Fee is the highest direct fee charged to any client in the Online MIP Program at the specified Account Market Value breakpoint.Please see the Online MIP Discretionary Advisory Agreement for more information.
- You pay a low annual advisory fee on a quarterly basis
- You pay no brokerage commissions with this account
| Account Market Value* | Maximum Annual Net Advisory Fee** |
| $0 through $100,000 | .90% |
| Greater than $100,000 up through $250,000 | .80% |
| Greater than $250,000 up through $500,000 | .75% |
| Greater than $500,000 up through $1,000,000 | .70% |
| Greater than $1,000,000 | .65% |
**Charged quarterly in arrears. The Maximum Annual Net Advisory Fee is the highest direct fee charged to any client in the Online MIP Program at the specified Account Market Value breakpoint.Please see the Online MIP Discretionary Advisory Agreement for more information.