Generally, you'll only pay our management fees. But in certain circumstances, Altruist has standard fees for certain actions like outgoing transfers and retirement account closures.
(Here's our management fees: https://www.carboncollective.co/fees)
Altruist charges some additional fees for particular services. You can find the full schedule here or by checking their legal page. Here are a few highlights.
If you’re transferring money, you may be charged depending on the type of transfer:
- ACH (the most common): $0
- Returned ACH (per return): $30
- Paper/e-check: $5
- Outgoing wire (US): $25
- Outgoing wire (Intl): $45
- Returned checks/Wires and recalls: $30
If you are transferring an existing account into Carbon Collective with an automated transfer (called an ACAT), the company that currently holds your account may charge you a transfer fee (generally ~$75).