CleverAlpha Asset Management provides investment management services through a digital platform, also known as a robo-advisor. They offer two service tiers: a standard digital service that uses algorithms to manage client portfolios and a premium service that leverages advanced algorithms for tax efficiency. Clients enter their financial information, investment goals, and risk tolerance into the platform, which generates a recommended portfolio of ETFs or other securities. CleverAlpha manages the account on a discretionary basis, automatically rebalancing the portfolio.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $5K | Included |
| $5K+ | 0.25% |
Digital Service (Robo-Advisor): Account Values from $0 to $5,000: $1.00 per month. Account Values greater than $5,000: 0.25% per annum. Premium Service (AI Tax-Optimization): All Account Values: Up to 0.50% per annum. Management fees may be lower under specific circumstances, such as when CleverAlpha is acting in a sub-advisory capacity or for High Net Worth and Institutional accounts with assets exceeding $1 million.