How Does Rebalance Charge Clients?

By Mitch Tuchman on May 28, 2015 in .

Mitch Tuchman, Managing Director of Rebalance, explains that charging just a half a percent on your assets allows clients to retire with more. More on how Rebalance reduces clients fees.

transcript

Rebalance’s charges are very simple. We charge a half a percent on your assets. That’s it. We have low-cost funds in the portfolio so there are some small charges for the funds. We have some trading commissions when we rebalance the portfolios, which are de-minimis.

Most importantly, our fees are completely, 100% transparent. We find that when clients shop elsewhere and start looking at other firms and the fees they charge, they find obfuscation and it’s very hard to figure that out, but for us it’s half a percent.

Mitch Tuchman

Mitch’s career has spanned the technology and investing industries, overlapping in recent decades. A common thread throughout his career has been his mission to find solutions that will help consumers. In 2012, Mitch and his Harvard Business School colleague Scott Puritz collaborated to develop an innovative investment offering for consumers, completely unique from the commission-based broker model prevalent within the financial services industry. They founded Rebalance to help Americans plan for successful retirements: the firm offers “Ivy League” endowment-style investment advice, top-notch service, transparency, and some of the lowest fees in the industry. Mitch graduated from Boston University with a B.S. and earned his M.B.A. from Harvard Business School. He is a frequent guest on CNBC, PBS/Wealthtrack with Consuelo Mack, and CNN, and is regularly featured in major financial publications, including The New York Times and The Wall Street Journal.