Are there any fees associated with Folio Institutional accounts?
Asked a year ago
Yes, there are fees associated with Folio Institutional accounts. The fees vary depending on the type of account and the services provided. For advisory accounts, there is an annual account fee which covers the custodial and administrative services. Additionally, there may be trade execution fees for buying and selling securities. The specific fees are outlined in the account agreement and can be obtained by contacting Folio Institutional directly. It is important to review the fee schedule and understand the costs before opening an account. Folio Institutional strives to provide transparent pricing and competitive fees to ensure clients have a clear understanding of the charges associated with their investment accounts.
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