Fees

What a custom DAF program costs to your firm, advisors, and clients.

The Advisor Guidebook is a great resource for your team to review detailed information on client fees associated with your custom donor-advised fund program.

At a firm level, there are no setup fees or other platform costs. If your firm plans to white-label, there may be some minimum annual fees involved.

For your ease of reference, here are the key considerations for client fees related to Charityvest for Advisors:

• Account types. Your advisors can choose between two DAF account types for each of their clients: Invested (default) or Cash. Fees only apply to Invested accounts. Note that upon account invitation, clients will automatically be enrolled in an Invested account. Advisors can switch client accounts to Cash at any time.

• Advisory fees. For Invested client accounts, you have the option to assess an advisory fee on their donor-advised fund account, automatically deducted from their DAF balance on a monthly basis and distributed to your firm. For all Invested DAF accounts, the advisory fee is selected by your firm. Your advisors can waive this advisory fee for individual clients on a case-by-case basis.

• Admin fees. Invested client accounts will be subject to an admin fee, automatically assessed monthly and deducted from their DAF balance. This fee is paid to the DAF sponsor (Charityvest, Inc. EIN: 81-2771871) to provide and service the donor-advised fund. Charityvest admin fees are among the lowest in the industry, starting at 45bps (with a minimum fee of $4/month) and blending down based on fund balance.

If you would like to explore how Charityvest for Advisors can serve as your firm's philanthropic practice, request a demo on our website or contact our team at [e-mail] for more information.