PensionBee offers online investment management services for retirement accounts, specifically for individuals rolling over or transferring their 401(k)s into a new IRA. PensionBee manages your investments through model portfolios of exchange traded funds (ETFs). PensionBee offers both discretionary (where they make the investment decisions) and non-discretionary services. Customer accounts are not continuously reviewed or monitored on an ongoing basis by PensionBee, save for annual automated allocation revisions and regular realignments within model portfolios.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 0.85% |
The fixed wrap fee rate applied to any individual IRA with PensionBee will not exceed 0.85% but may be lower than the rate specified above depending upon the PensionBee Portfolio the IRA is invested in and upon the account balance of the IRA.