Wellington-Altus USA offers two types of managed accounts where an investment advisor makes investment decisions based on your Investment Policy Statement. The Separately Managed Account Program (SMA) is a customizable platform providing access to investment managers across various asset classes and regions. Wellington-Altus USA also offers a wrap program with a single annual fee covering trade execution, custody, reporting, and investment management. Financial planning services are generally provided free of charge, but in some instances, Wellington-Altus USA may charge a fixed fee and/or hourly fee for financial planning services.
Fee Structure
Wellington-Altus USA provides investment management services for an annual fee based on a percentage of the value of your investments. The annual fee varies between 0.25% and 2.75%, depending on the amount you invest, the type of services, and negotiations. You will also be responsible for management fees charged by mutual fund and SMA account managers, as well as other related costs. Wellington-Altus USA charges a minimum fee of $250 per quarter.