Newday Impact provides investment advisory and management services, primarily through separately managed accounts and a new app-based investment platform. Newday partners with Reflection Asset Management for portfolio management and trading. Newday focuses on sustainable and socially responsible investing, offering portfolios that consider environmental impact and human equity.
Assets Under Management$170M
Clients10
Advisors3
Avg. per Client$17M
Avg. per Advisor$57M
Fee Structure
Minimum Investment:$1K
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 0.85% |
| $500K - $1.0M | 0.75% |
| $1.0M - $10.0M | 0.65% |
| $10.0M - $20.0M | 0.50% |
| $20M+ | 0.50% |
Fees are negotiated on a client-by-client basis. Accounts opened through the Newday Invest App are charged 1.00%.
Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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