1 The market average is based upon reporting in PriceMetrix's, “The State of North American Retail Wealth Management, 10th Yearly Report” which discovered that based on PriceMetrix's proprietary database (since completion of 2020 was consisted of detailed client-holdings and deal information from approximately 70,000 financial advisors), the typical fee in 2020 for accounts with assets in between $1M and $1.5 M was 1.05%. For the same property range, the 2019 average fee was 1.05% and the 2018 typical cost was 1.06%. Industry average costs undergo alter. Financial investment Consultant services differ, and some advisors in the studies may supply different services than Monetary Engines Advisors L.L.C. The report is available here.
* Professional Management charges are charged in the frequency and way detailed in the Terms; and are deducted directly from your account. Cost examples are for illustrative functions just.
Specific services supplied on an academic or assistance basis just.
Investing strategies, such as asset allocation, diversity, or rebalancing, do not assure or ensure better performance and can not get rid of the risk of investment losses. All investments have inherent threats, consisting of loss of principal. There are no assurances that a portfolio using these or any other technique will outperform a portfolio that does not engage in such methods. Previous performance does not guarantee future outcomes. Source