Era Financial Advisors offers investment advisory services to individuals through a mobile app. Era uses information clients provide in the app to recommend a model portfolio allocation. Clients can customize their model allocation, but Era does not have authority to make trades without client approval. The Era app also offers educational features. Clients pay a fixed monthly fee to use the app and receive investment advice.
Fee Structure
Era Financial Advisors charges a fixed monthly fee of $5 for investment advisory services. This fee covers investment advice, trade execution, custody, and account reporting. Clients must have an active subscription to the Era app to open an advisory account. The firm may offer lower fees through promotions or discounts. The firm does not charge separate trading fees.