DrivenWealth, LLC offers portfolio management services, creating customized portfolios based on your goals, risk tolerance, and time frame. They may use signal providers for buy/sell signals. DrivenWealth also provides estate planning services to help distribute assets according to your wishes and minimize taxes. For retirement plans, DrivenWealth acts as a promoter for third-party investment advisors, sharing a portion of their management fee.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1000K | 0.95% |
| $1000K - $3.0M | 0.75% |
| $3.0M - $10.0M | 0.50% |
| $10M+ | 0.25% |
Fee Schedule I (Individuals, High Net Worth Individuals, Corporations & Business Entities). Fees are non-negotiable; however, you may aggregate assets to achieve a lower fee. Fee Schedule II (Friends and Family): - **$0 - $999,999:** 0.75% per year - **$1,000,001 - $3,000,000:** 0.65% per year - **$3,000,001 - $10,000,000:** 0.50% per year - **$10,000,001 & above:** 0.25% per year