What will my fees be at Apollon? Will they change?

All current Fool Wealth clients will lock in their current fee agreement as they transition to the Apollon platform. For most clients, that fee agreement is our straightforward assets under management (or AUM) fee of 0.95% annually for the first $1M under management and 0.75% for any additional AUM over $1M. If you have questions about your current fee agreement, please reach out to us at support@foolwealth.com or call us at 844-408-4390 during business hours and we’d be happy to help.

Your fee agreement at Apollon can be found in Section 31 of the Apollon Investment Management Agreement, on page 11. In addition, instead of billing monthly in arrears as was the case under Fool Wealth, Apollon’s management fees are billed quarterly in advance, so you will see a change in billing frequency.

While certain strategies at Apollon may have additional fees, they would only apply if you and your Wealth Manager agree that those options make sense for your particular goals. 

In the event you decide to opt-in to a service or investment strategy that includes an additional cost, the cost will be clear and transparent. Remember: Apollon is a fiduciary with a legal and ethical obligation to act in your best interest. No ulterior motives, no hidden agenda, no surprises.