Hedgewise is a registered investment advisor founded in 2014 and based in San Diego, California. Hedgewise offers automated, research-based investment management services using a managed account structure. The firm provides two types of investment products: Beta products, which follow passive or systematic strategies, and Alpha products, which are actively managed and speculative. Hedgewise tailors its services by adjusting portfolios to minimize taxes, harvesting investment losses, and rebalancing automatically. All client accounts are held at Interactive Brokers, and clients must grant Hedgewise the authority to trade without asking first, as well as permission to use derivatives like options and futures. Hedgewise caters to individuals, trusts, and retirement accounts, focusing purely on investment management rather than comprehensive financial planning.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 0.70% |
| $1.0M - $2.0M | 0.60% |
| $2M+ | 0.50% |
Rates shown are for Beta products. Alpha products have a separate schedule: $100k-$1M at 0.9%, $1M-$2M at 0.8%, and over $2M at 0.7%. If an Alpha product is used, the Alpha fee applies to the entire account. Subject to a minimum monthly fee of $19.99. Fees are negotiable.