Santander Securities LLC provides investment advice through various wrap fee programs, including Fund Strategist Portfolios, Unified Managed Accounts, and Separately Managed Accounts. These programs are offered through the Fidelity Managed Account Xchange Platform. Santander Securities also offers securities-based lending and financial planning. Financial planning is offered at no additional cost. Clients work with financial advisors to determine suitable investment strategies.
Fee Structure
Santander Securities LLC offers wrap fee advisory programs where you pay a single fee that covers investment management and other services. The annual fee is a percentage of your portfolio's value, calculated at the end of each quarter. The percentage varies depending on the program you choose and the amount you invest. The fee includes the cost of the firm's services and fees associated with the platform they use. Investment manager fees range from 0.15% to 1.00% and are in addition to the program fee. Fees may be negotiable.