Bondwire provides ongoing investment management services, supervising client accounts and offering advice on investments. They also refer clients to third-party money managers. Bondwire gathers client financial information to determine investment objectives and risk tolerance. Clients can place restrictions on their accounts. Bondwire may manage investments for other clients and is not obligated to recommend the same investments to all clients.
Fee Structure
Bondwire charges a percentage of the value of your portfolio for managing your investments. This fee is calculated at the end of each billing period (quarterly) and is based on the value of your account. The annual fee ranges from 0.50% to 2.00%. In addition to the management fee, there is a $100 annual account maintenance/technology fee, billed quarterly.