How does TD Ameritrade charge fees for managing selective portfolios that include cryptocurrencies?

3 answers

• Feb 18, 2022 · 3 years ago
  Certainly! TD Ameritrade charges fees for managing portfolios that include cryptocurrencies based on a percentage of the assets under management (AUM). The exact fee structure may vary depending on the specific portfolio and the amount of cryptocurrency holdings. Generally, the fee ranges from 0.25% to 1% of the AUM. It's important to note that these fees are in addition to any trading fees or expenses associated with buying and selling cryptocurrencies.
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• Feb 18, 2022 · 3 years ago
  TD Ameritrade's fee structure for managing portfolios that include cryptocurrencies is based on a tiered system. The more assets you have under management, the lower the percentage fee you'll pay. This is a common practice in the investment industry. It's also worth mentioning that TD Ameritrade may offer discounts or promotions for new clients or for certain types of portfolios.
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• Feb 18, 2022 · 3 years ago
  As an expert at BYDFi, I can tell you that TD Ameritrade charges fees for managing portfolios that include cryptocurrencies in a similar way to other investment firms. They typically charge a percentage of the assets under management, which can range from 0.25% to 1% depending on the portfolio size. It's important to review the fee structure and consider it alongside other factors, such as the quality of service and the investment strategy, when choosing a platform for managing your cryptocurrency portfolio.
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