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This policy governs all flat‑fee (“fixed”) advisory billing— advisory subscriptions paid monthly or quarterly—whenever the fee is pulled directly from a client account (HYSA, brokerage, IRA, Roth IRA, etc.)

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overview

Let’s align compensation with the value we deliver while doing so in a way that best aligns with the client’s long-term objectives.

1. Prioritize client best interest — default to debiting the account(s) in the order which best serves the client situation.
2. Stay below industry ceilings — for retirement account debit, we voluntarily cap aggregate fee debits at 2% of the account’s value per trailing 12 months.
3. Document why and how — every fee must be transparent, reasonable, and traceable from the advisory agreement to custodian statement.

fee schedules

• Within Altruist, you will see an extensive menu of Flat Fee schedules in which you can assign an account.
• These are named according to the Annualized Fee
  • example: 4,000 (quarterly in arrears) translates to = $4,000 per year, billed $1,000 per quarter in arrears
  • 2,000 (monthly in advance) translates to $166.67 per month, billed in advance, for a total of $2,000 per year
• If you don't see a schedule and need a new one, please send a **[Help Request]** and be specific around the annualized fee and billing cycle needed.

IRA‑specific guardrails

• Reasonableness cap — Total IRA fees ≤ 2% (annualized) of IRA value.
• Document — There are often very good reasons to use an IRA for account debit. We have an obligation to do what’s best for the client, so let’s make sure there’s clear documentation in the client file as to the billing structure and reasoning.
  • example: “client wishes to keep cash account intact for emergency savings and wishes to use IRA to cover advisory services”
  • example: “client is retired with significant IRA balances and prefers to use IRA money when possible and preserve liquid cash”

split invoicing