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Fees
Fees
What fees will be charged to my account?
Vicus 24/7 charges an annual 0.65% advisory fee for the professional management of your account. If, during the account opening process, you indicate that you were referred to Vicus 24/7 by your financial advisor, he or she will receive a referral fee of 0.25% from your annual advisory fee of 0.65%. Please note that this is NOT an additional 0.25%, but rather it is included within the 0.65% annual advisory fee. This fee will be charged on a monthly basis, in advance. Should you choose to close your account, you will be entitled to a pro-rata refund of any pre-paid monthly advisory fee based upon the number of days remaining in the month after the account is closed.
In addition to the Vicus 24/7 advisory fee, accounts are charged separate fees, as incurred, for trading costs and any applicable brokerage account fees. For information regarding trading costs and any additional client fees that may apply, please refer to Vicus Capital’s ADV 2A.
Accounts may also incur expenses relative to all exchange traded funds (ETFs) imposed directly by the fund company (e.g. management fees and other fund expenses). For information regarding the internal operating expenses of the ETFs you own in your account, please refer to the fund prospectuses provided to you.
Vicus Capital advisory fees and account minimums are subject to change. Vicus Capital will provide 30 days notice in the event of a change in advisory fee. Trading costs, brokerage charges and fund management fees/expenses are determined by third parties. Vicus Capital is not responsible for fluctuation of fees charged by third parties. However, if possible, Vicus Capital will provide updated fee information. Any modifications to account minimum requirements will be made at the discretion of Vicus Capital.